Ethics: Ban on Selling Nonpublic Information
The House Committee on the Judiciary received this bill on August 6, 2026. It has not moved since that date and remains under committee review. Most bills like this do not receive a committee vote and often stall at this stage.
Companion bill: Ethics: Ban on Selling Secret Government Information →This bill was introduced by a small group of Democrats and has not received support from the other party, which is usually needed for ethics bills to move forward.
This bill’s path across every version that has carried it.
Companion
Identical companion bill S. 5221 (119th) was introduced in the other chamber.
S. 5221 (119th) →Govbase has not yet run an impact analysis on this legislation.
Referred to the House Committee on the Judiciary.
Introduced in House
The bill was officially filed and given a number. It now enters the legislative queue.
Senator Alex Padilla introduced the Stop Corrupt Trading Act, which would make it a crime for the President or Vice President to sell nonpublic information. The legislation specifically targets 'application programming interface' (API) data feeds that provide exclusive access to statements.
Senator Alex Padilla (D-Calif.) has introduced the Stop Corrupt Trading Act in response to President Trump's launch of a paid service for early access to his Truth Social posts. The bill would prohibit any president or vice president from selling advance access to official statements.
The proposed legislation seeks to prohibit presidents and vice presidents from profiting by selling advance access to nonpublic social media information. Violations would carry a fine of up to double the value of the transaction and up to five years in prison.
No votes recorded for this bill yet.
Document Type
Congressional Bill
Official Title
Stop Corrupt Trading Act
Analysis generated by AI. Always verify with official sources.