John Fetterman has been a vocal advocate of banning stock trading by lawmakers and their immediate family members. "Lawmakers should not be able to profit off the same companies that they are regulating," Sen. Fetterman said during a press conference in 2023, when he backed a bipartisan bill that would ban members of Congress and their families from owning or trading stocks, commodities or futures (1).
"Letting members of Congress trade stocks opens the door to corruption." Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how Robert Kiyosaki this 1 asset will surge 400% in a year and begs investors not to miss this 'explosion' Taxes are going to change for retirees under Trump's 'big beautiful bill' — here are 4 reasons you can't afford to waste time But recent disclosures show that trades are still happening in lawmakers' households — including Fetterman (2) — and he's far from alone. A filing dated April 3, 2026, indicates that a "child" of Sen.
Fetterman purchased between $1,001 and $15,000 of Micron Technology stock on March 30, 2026 (3). The filing also shows a "child" purchased shares in Microsoft, Alphabet, Amazon.com and Erie Indemnity. Fetterman is a member of the Committee on Commerce, Science and Transportation (4), which oversees the implementation of the CHIPS and Science Act (5) — a program that awarded Micron Technology $6.165 billion to build chip factories (6).
Fetterman was also one of four lawmakers — three of whom sit on the Commerce, Science and Transportation Committee — who reported personal or family purchases of AI stock while the Senate was considering the deregulation of AI last year (7). Under the Stop Trading on Congressional Knowledge (STOCK) Act of 2012, members of Congress and their immediate families are prohibited from using non-public information to make investment decisions. They must also disclose their purchases (8).
While it's not illegal for lawmakers to trade stocks, issues can arise when they trade stocks related to their work. Indeed, after suspicious trading on prediction markets just minutes before critical announcements on the war in Iran, the White House issued a directive last month against using insider information to bet on financial markets (9). Read More: How to apply Dave Ramsey's 7 Baby Steps to your own life Based on reports filed in 2024, only 5% of senators and representatives didn't own stock (10).
And a recent CNN report found that at least nine senators had bought or sold stock in companies that were overseen by industry committees they serve (11). "It's a bipartisan problem. Republicans and Democrats are guilty of this, pretty evenly across the board," Dylan Hedtler-Gaudette, acting vice-president of the Project on Government Oversight, told CNN (11).
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