{"database": "press", "table": "releases", "rows": [["https://baumgartner.house.gov/2026/07/22/baumgartner-votes-to-pass-the-stop-insider-trading-act/", "Baumgartner Votes to Pass\u00a0the Stop Insider Trading Act", "2026-07-22", "2026", "2026-07", "Republican", "House", "WA", "Michael Baumgartner", "B001322", "baumgartner.house.gov", "baumgartner", "https://baumgartner.house.gov/category/press-releases/", "scraper", "WASHINGTON, D.C. \u2014 Today, Congressman Michael Baumgartner (WA-05) voted to pass The Stop Insider Trading Act that will ensure that lawmakers cannot use their positions to profit off insider information.\n\n\u201cI am proud to support this important legislation to prevent members of Congress from profiting off stock trades,\u201d said Congressman Baumgartner. \u201cAs a cosponsor of the legislation, I believe lawmakers should never be in a position to personally profit from information gained through public service. The American people deserve a Congress that is accountable, transparent, and worthy of their trust,\u201d he said.\n\nThe Stop Insider Trading Act:\n\nGeneral prohibition on stock purchasing \u2013 Bans Members, their spouses, and their dependent children from purchasing securities issued by a publicly traded company, with limited exceptions like widely diversified mutual funds and interests in small businesses;\n\nAdvanced public disclosure to sell \u2013 Requires Members to file a public notice at least 7 days, but no more than 14 days, in advance for any intended stock sale with the Clerk of the House of Representatives or the Secretary of the Senate;\n\nIf a member of Congress, their spouse, or dependent child decides not to sell a covered investment, the Member must publicly withdraw the notice prior to its expiration; and\n\nPenalties \u2013 Violators will be assessed a fine equal to $2,000 or 10% of the value of the transaction, whichever is greater, and any net gain realized from a transaction.\n\nThe Stop Insider Trading Act passed the House on July 22, 2026, by a vote of 232-198. The Act must now pass the Senate before it can go to the President\u2019s desk to be signed into law.", 1, "2026-07-24T07:30:11Z", "2026-07-24T07:31:13Z"]], "columns": ["url", "title", "date", "year", "month", "party", "chamber", "state", "member_name", "bioguide_id", "domain", "scraper", "source", "date_source", "text", "has_text", "collected_at", "updated_at"], "primary_keys": ["url"], "primary_key_values": ["https://baumgartner.house.gov/2026/07/22/baumgartner-votes-to-pass-the-stop-insider-trading-act/"], "units": {}, "query_ms": 1.8953299149870872, "source": "dwillis/congress-press", "source_url": "https://github.com/dwillis/congress-press", "license": "MIT", "license_url": "https://github.com/dwillis/congress-press/blob/main/LICENSE"}