Congressman Brian Stiles, chairman of the House Administration Committee and a member of the House Financial Services Committee, told host Maria he has introduced the Stop Insider Trading Act to stop members of Congress from buying individual stocks and require advance notice of any planned sales. "If you wanna trade stocks, you should go to Wall Street, not to Capitol Hill," Stiles said.

Stiles said the bill would "prevent any member from ever profiting off of insider information on individual trades in stocks" and help "dramatically improve America's trust in Congress." He argued the proposal would remove both actual conflicts and the appearance of impropriety, citing what he described as repeated examples of trades that raise eyebrows, including a case in which "a United States senator ... sold their entire portfolio except 1 stock in the lead up to COVID." Stiles said prosecuting insider trading is difficult, which is why he favors clear rules that limit the opportunity.

Under the provisions Stiles described on the program, members would be barred from purchasing individual stocks while in office; members who entered Congress owning stocks would be required to provide advance public notice before liquidating positions. "Individuals that arrive in Congress with a portfolio of stocks, if they wanna make a sale, they should be providing advance notice to the American people that that sale is going to occur," he said.

Stiles told the host he already has "broad support from across the entire political ideological spectrum of the Republican Conference" and that he plans to move the measure through committee quickly and seek a vote on the House floor. The transcript records Stiles introducing the bill and describing its aims but does not record any committee votes or formal referrals.

The transcript does not specify enforcement mechanisms, criminal penalties, or whether the bill would create a federal ban on other asset classes such as bonds or mutual funds. Details on committee referrals, timelines, or any bipartisan cosponsors were not specified in the segment.

Stiles said the bill is intended to give voters advance notice and to "remove any incentive or any opportunity for a member to profit off of insider information on any individual stock." The next procedural step Stiles mentioned is moving the measure through committee; no floor action or vote is recorded in the conversation.