George Whitesides (D-CA)
No Insider Trading on National Security Act of 2026
A Democratic bill with 1 Republican cosponsor · See all 2 cosponsors
Last activity — Referred to the House Committee on Armed Services.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
What this bill would do
This bill, titled the "No Insider Trading on National Security Act of 2026," directs the Department of Defense Inspector General to investigate specific trading complaints. It focuses on complaints regarding insider trading in prediction and energy markets during Operation Epic Fury. The Inspector General is required to submit a report to the Senate and House Committees on Armed Services. This report must detail the number of complaints, who they were against, and their outcomes. Additionally, the report must identify trends and assess operational risks. Finally, it must include recommendations for future safeguards.
Yes
- Scored +5
Does this make what the government does easier for the public to see?
The bill increases transparency by requiring a report on insider trading complaints and their outcomes to Congress.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Increased Accountability: By requiring the Inspector General to report on whether complaints were substantiated and what accountability actions were taken, the bill aims to ensure that members of the Armed Forces, civilian employees, or contractors are held responsible for their actions (Section 2(a) and 2(b)(3)).
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Improved Security and Risk Management: The bill requires an assessment of operational risks and security vulnerabilities caused by these trading activities, which can help protect national security (Section 2(b)(5)).
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Prevention of Future Misconduct: The mandate for the Inspector General to provide recommendations for safeguards is intended to detect, deter, and reduce the likelihood of future insider trading (Section 2(b)(6)).
Potential Negative Impacts for People
- No specific negative impacts are mentioned in the provided text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Governance And Ideology
- Does this make what the government does easier for the public to see? — The bill increases transparency by requiring a report on insider trading complaints and their outcomes to Congress.
- 8/20/2026
- Referred to the House Committee on Armed Services.
- 2 Cosponsors added.
- Introduced in House
Don BaconRepublican · Nebraska
Seth MoultonDemocrat · Massachusetts