Congress·In Committee·H.R. 10137

No Insider Trading on National Security Act of 2026

DoD Investigation into Insider Trading During Military Operations

To direct the Inspector General of the Department of Defense to report to Congress regarding complaints of insider trading on prediction and energy markets during Operation Epic Fury, and for other purposes.

Aug 20·View on Congress.gov·Read full text

Next up: A house committee

The House Committee on Armed Services is currently reviewing this bill. It has not moved since August 20, 2026. The committee must decide whether to hold a vote or discuss the proposal before it can move forward.

Legislative Progress

House

Senate

President

Law

Unlikely to pass

While the bill has support from both parties, it was introduced late in the year and targets a specific operation, which may make it harder to pass as a standalone law.

Key Points

This bill, called the No Insider Trading on National Security Act, requires a top investigator to look into claims of insider trading. It focuses on people using secret information to bet on energy prices or future events during a specific military mission called Operation Epic Fury.
The investigation will check if military members, government employees, or private contractors used their knowledge of the operation to make money in the markets. The goal is to see if anyone unfairly profited from their access to national security secrets.
Lawmakers want to know if these activities created security risks or made the military vulnerable. The report will include recommendations on how to stop this kind of trading in the future to keep government information safe.
If passed, the Department of Defense Inspector General must finish this report and give it to Congress by January 1, 2027. The report will show how many complaints were made and what happened to the people involved.

Impact Analysis

Govbase has not yet run an impact analysis on this legislation.

Milestones

2 milestones2 actions

Aug 20, 2026House

Referred to the House Committee on Armed Services.

Aug 20, 2026

Introduced in House

The bill was officially filed and given a number. It now enters the legislative queue.

No votes, news coverage, or related bills recorded for this bill yet.

Source Information

Document Type

Congressional Bill

Official Title

Bill NumberHR 10137

Congress119th Congress

ChamberHouse of Representatives

Latest ActionReferred to the House Committee on Armed Services.

Data Sources

Congress.gov

Official legislative information

Read Full Bill Text

Sponsor

Cosponsors

(2)

D: 1R: 1

Analysis generated by AI. Always verify with official sources.