Trump rings the stock market opening bell from the Oval Office
President Donald Trump is joined by children in the Oval Office to ring the New York Stock Exchange and NASDAQ opening bells, marking the launch of Trump Accounts, designed to give America’s children economic participation.
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A vote on legislation to limit lawmakers’ ability to profit from the stock market and use voter ID measures divided House Democrats Wednesday afternoon.
The two measures were combined into one package of legislation after months of debate in the House of Representatives on both issues. Although unrelated, both voter ID and the ban on stock trading in Congress received overwhelming support in many public votes.
Despite bipartisan negotiations, especially on banning members of Congress from trading stocks, a large number of Democrats still oppose the final package – even though it passed.
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House Minority Leader Hakeem Jeffries, DN.Y., speaks during a news conference at the US Capitol on July 13, 2026, in Washington, DC. (Anna Moneymaker/Getty Images)
Rep. Zach Nunn, R-Iowa, one of the key supporters of lawmakers’ ban on the stock market, argued the two issues “go hand in hand.”
“One, the majority of Americans want this. Two, it’s something we can get this week that we put in the hands of the president before the district returns in August. [period],” Nunn told Fox News Digital.
He said of the Democrats’ criticism, “Only in Washington can you win 90% of the American people, and the Democrats will say that’s one big win.”
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Meanwhile, Rep. Stephanie Bice, R-Okla., told Fox News Digital about the ban on direct stock trading, “The American people deserve to know that their elected officials serve the public, not their own financial interests. Members of Congress must be held to the highest standards of transparency and accountability, and this legislation is an important step in restoring trust in Congress.”
Not all Republicans are on board, however. Rep. Thomas Massie, R-Ky., accused some GOP lawmakers of trying to dissuade Democrats from supporting the bill by attaching a voter ID requirement.
“We vote for the stock trading ban for members of Congress… BUT the Republicans added voter ID to the law. Not to get Dems to vote for voter ID, but to vote against the stock trading ban, so they can use it in the November election,” Massie wrote in X. “If we really wanted to ban stock trading from members of Congress, we would have more opportunity to be independent, and we would have more opportunity to commit to stock trading,” Massie said. going through the Senate.”
Rep. Zach Nunn, R-Iowa, speaks during a news conference at the US Capitol in Washington, DC, on Oct. 15, 2025. (Eric Lee/Bloomberg)
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An August 2025 poll from the Pew Research Center showed that 83% of US respondents favor “requiring all voters to show a government-issued photo ID to vote.”
But Democrats argued this week that the voter ID part goes too far, and the stock trading ban part doesn’t go far enough.
“I’ve said it repeatedly, House Democrats strongly support a ban on stock trading for members of Congress. We also support a ban on the president, vice president and federal court officials from individual trading. But none of that is before us today,” Rep. Joe Morelle, DN.Y., the top Democrat on the committee responsible for overseeing the election, on Monday.
“Instead, this bill is a messy mash-up of two completely unrelated bills, the so-called Stop Insider Trading Act and the Voting Ownership Act, the latter of which is already an ugly reversal of at least three failed Republican voter suppression proposals.”
Democrats criticized the voter ID component for its identification requirement that goes beyond mail-in voting, which they said is a way to stifle Americans’ ability to vote that way.
Representative Thomas Massie, Republican of Kentucky, before a news conference outside the US Capitol in Washington, DC, Wednesday, September 3, 2025. (Graeme Sloan/Bloomberg via Getty Images)
Left-wing lawmakers have attacked the stock exchange bill because it doesn’t require members of Congress to sell their existing shares but instead bars them from buying more stock in the future.
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Lawmakers must also go through a public disclosure process before selling such existing stock.
Although it increases the ban on buying new shares for lawmakers and their families, it effectively allows them to maintain a blind trust. Democrats are also complaining that they are not getting into the executive branch, which is President Donald Trump and his family.
