Kean Votes to Ban Members of Congress from Trading Stocks

(July 22, 2026) WASHINGTON, D.C. - Today, Congressman Tom Kean, Jr. (NJ-07) voted in favor of the Stop Insider Trading Act to ban members of Congress, their spouses, and their dependent children from purchasing publicly traded, individual stocks.

In August 2024, Congressman Kean introduced the Foreign Adversary Prohibition Act to prohibit members of Congress from conducting financial transactions involving certain foreign adversaries of the United States.

In July 2025 he introduced the No Shorting America Act, a bipartisan bill that prohibits members of Congress, their spouses, and dependents from engaging in short selling, the practice of profiting by betting that a stock or investment will lose value.

Congressman Kean is also a cosponsor of the Transparent Representation Upholding Service and Trust (TRUST) in Congress Act.

Congressman Kean spoke on the House Floor in support of banning members of Congress from trading stocks.

Read transcript below and watch HERE:

Mr. Speaker,

I believe Members of Congress should serve the public - not profit from public office. That is why I strongly support the Stop Insider Trading Act, which will prohibit Members of Congress, their spouses, and dependent children from purchasing individual stocks.

I have worked to lead by example by placing all of my investable assets into a blind structure managed by independent professionals. I do not direct, influence, or participate in any investment decisions, and every transaction occurs without my input, prior knowledge, or direction. That approach goes above and beyond current House ethics rules - it is past time for this entire body to be held to that higher standard.

Public service is a public trust. I urge every Republican and every Democrat to vote yes and hold every Member of Congress to the high standard the American people deserve.

I yield back.

###