The Loophole That Pays

πŸ“ˆ STOCK Act Violations

Members of Congress are required to disclose stock trades within 30 days. The penalty for missing the deadline is $200. Zero members have ever been prosecuted.

$200
First Offense Penalty
Not a typo.
78
Violators (117th)
Members who violated
86%
Public Support for Ban
Bipartisan
0
Prosecutions Ever
Zero enforcement

The Pattern, Sourced

β†’First-offense penalty for STOCK Act disclosure violations: $200.

β†’Public support for banning congressional stock trading: 86% (bipartisan polling).

β†’Federal prosecutions for STOCK Act violations: zero, since the law was passed in 2012.

β†’Approximately 95% of Congress members own stock; only 5% have zero stock holdings.

β†’Campaign Legal Center has filed 15 complaints representing $14.3M to $52.1M in undisclosed or late-disclosed trades.

β†’10 Congress members hold between $750K and $2M in crypto assets while considering crypto legislation.

β†’Lobbying spending hit a record $5.08 billion in 2025 β€” a 14% year-over-year increase.

β†’At least 25 bills to ban congressional stock trading were introduced in the 119th Congress.

β†’S.1879 (Ban Congressional Stock Trading Act) and H.R.7008 advanced through committees in early 2026.

β†’During the October–November 2025 government shutdown, lawmakers made nearly 200 trades worth $3M to $9M while constituents missed paychecks.

Sources: Campaign Legal Center, Brennan Center for Justice, OpenSecrets.org, Congress.gov (CRS Reports R48641, TE10119), FEC.gov.