**House passage of a limited restriction bill in July 2026 has not translated into Senate momentum sufficient for enactment by the end of the year.** The Stop Insider Trading Act (H.R. 7008), sponsored by Rep. Bryan Steil, cleared the House on a 232-198 mostly party-line vote on July 22, 2026. It bars members, spouses, and dependents from purchasing new individual stocks while requiring advance notice for sales, but critics from both parties described it as narrower than a comprehensive ownership or trading prohibition. The measure reached the Senate on July 23, where companion legislation introduced by Sens. Cassidy, Ricketts, and others remains in committee with no floor schedule announced. **Senate dynamics and calendar constraints reinforce the low odds of a stricter ban clearing both chambers and the White House before 2027.** Earlier Senate bills, including S. 1879 and a measure that advanced from the Homeland Security and Governmental Affairs Committee, have stalled without unified support or procedural priority. Democrats have objected to bundling elements such as voter-ID provisions and argued the House version leaves loopholes, while Republican leadership has focused on moving the narrower package already approved by the House. With Congress entering its summer recess and the 119th Congress facing a compressed schedule ahead of the 2026 midterms, traders view full legislative resolution on a broader ban as improbable within the remaining months of 2026.