**Recent legislative action has reinforced trader expectations against a comprehensive congressional stock trading ban becoming law before 2027.** In July 2026, the House passed the Stop Insider Trading Act (H.R. 7008) on a 232-198 vote, prohibiting members, spouses, and dependents from purchasing new individual stocks while allowing retention of existing holdings with advance notice for sales. Critics across parties noted the measure stops short of a full prohibition on ownership or trading. Companion Senate bills, including S. 1879, remain stalled in committee since 2025, with no floor consideration scheduled amid competing priorities in the 119th Congress. Partisan disagreements over scope, enforcement, and coverage of the executive branch, combined with roughly four months left before year-end, have kept the probability of enactment low according to current market pricing.