**House passage of a limited measure in July 2026 has not shifted expectations for a comprehensive congressional stock-trading ban before 2027.** The Stop Insider Trading Act (H.R. 7008), passed 232-198, bars members, spouses, and dependents from buying new publicly traded stocks and adds advance-notice rules for sales but leaves existing holdings intact and falls short of a full divestiture requirement. The bill now moves to the Senate, where prospects remain uncertain amid committee referral, potential holds, and competing priorities in the 119th Congress. Earlier Senate proposals, including versions introduced by Senators Cassidy and Ricketts, have not advanced to floor consideration. With the current session winding down and historical patterns showing repeated stalls on ethics measures despite public support, traders assign only a low probability that both chambers will enact and the president will sign a stricter ban with an effective date before January 1, 2027. Any final legislation would also face implementation timelines that could push meaningful restrictions past the market’s cutoff.