Republicans to tout congressional stock-trading ban at midterm convention as Trump trades — SkimNews
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- Republicans are featuring a congressional stock-trading ban at their Dallas midterm convention's opening day Wednesday, with Rep. Anna Paulina Luna among at least two speakers on the "Government Integrity" agenda.
- Trump disclosed at least $858 million in assets and more than 21,000 trades across eight accounts in 2025, compared with roughly 500 trades over his entire first term.
- Trump reported 1,051 transactions in June alone, totaling $78.1 million to $263.1 million, including multimillion-dollar moves in Meta, Berkshire Hathaway, Visa, and Mastercard, plus as much as $50,000 in newly public SpaceX.
- Trump's nine largest disclosed oil and gas holdings gained an estimated $1.5 million to $4.4 million from the eve of the Iran war through Aug. 31, per CNBC.
- CNBC found no evidence Trump directed those trades, traded on advance knowledge of government decisions, or shaped policy to benefit his investments; the Trump Organization says outside financial institutions have full discretion.
- The GOP-led Stop Insider Trading Act passed the House 232-198 in July, banning members from buying individual stocks but exempting the president and still allowing members to retain existing holdings and sell with seven days' notice — a gap Rep. Seth Magaziner called "a stock trading ban that still allows stock trading."
Why it matters: The GOP's anti-corruption centerpiece exempts the president who disclosed 21,000 trades and $858 million in assets last year, and some of those holdings — including energy stocks that rose $1.5 million to $4.4 million during the Iran war — sit in industries directly shaped by Trump's own policy decisions.
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