Pennsylvania SR 207: A Resolution urging the Congress of the United States to advance and enact the Restore Trust in Congress Act to prohibit stock trading by members of Congress and their immediate family members.

Bill Text

PRINTER'S NO. 1403
THE GENERAL ASSEMBLY OF PENNSYLVANIA
SENATE RESOLUTION
No. 207
Session of
2026
INTRODUCED BY BOSCOLA, HAYWOOD, KEARNEY, KANE, PENNYCUICK,
PISCIOTTANO, COSTA AND DUSH, JANUARY 23, 2026
REFERRED TO BANKING AND INSURANCE, JANUARY 23, 2026
A RESOLUTION
Urging the Congress of the United States to advance and enact
the Restore Trust in Congress Act to prohibit stock trading
by members of Congress and their immediate family members.
WHEREAS, Public confidence in government depends upon the
assurance that elected officials act in the public interest and
not for personal financial gain; and
WHEREAS, Insider trading by public officials undermines
democratic accountability, erodes trust in representative
government and weakens confidence in Federal institutions; and
WHEREAS, Recent volatility in the stock market has renewed
public concern regarding reports of members of Congress engaging
in stock trades that coincided with significant Federal policy
actions affecting market performance; and
WHEREAS, Public reporting has indicated that some members of
Congress have engaged in stock trading activity that benefited
from nonpublic or sensitive policy information, including
through transactions conducted by spouses or dependent family
members; and
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WHEREAS, These practices foster the perception that elected
officials are using their positions for personal enrichment
rather than public service; and
WHEREAS, The Restore Trust in Congress Act (H.R. 5106) is
bipartisan legislation introduced in the United States House of
Representatives that would prohibit members of Congress, their
spouses and dependent children from owning or trading individual
stocks; and
WHEREAS, The Restore Trust in Congress Act has garnered
bipartisan support and reflects a growing consensus across the
political spectrum that members of Congress should be held to
the highest ethical standards; and
WHEREAS, Ensuring transparency, accountability and ethical
conduct at the Federal level is a common sense, nonpartisan
objective shared by Pennsylvanians of all political
affiliations; therefore be it
RESOLVED, That the Senate of the Commonwealth of Pennsylvania
urge the Congress of the United States to advance and enact the
Restore Trust in Congress Act, or substantially similar
legislation, to prohibit stock trading by members of Congress
and their immediate family members; and be it further
RESOLVED, That the Senate of the Commonwealth of Pennsylvania
encourage Congress to take timely action to ensure full
consideration of legislation addressing insider trading and
conflicts of interest among Federal lawmakers; and be it further
RESOLVED, That the Senate of the Commonwealth of Pennsylvania
affirm its commitment to ethical governance and call upon
Federal officials to place the public trust above personal
financial gain; and be it further
RESOLVED, That copies of this resolution be transmitted to
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the President of the United States, the Speaker and Minority
Leader of the United States House of Representatives, the
Majority and Minority Leaders of the United States Senate and
each member of Congress from Pennsylvania.
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