# 119-s-5221: Stop Corrupt Trading Act

119-s-5221, Stop Corrupt Trading Act, is a 119th Congress bill sponsored by Sen. Padilla, Alex [D-CA] (D-CA); status in_committee; PRIA reads it as touching household money (as of 2026-08-15).

- Canonical: https://policyrisk.com/legislation/119-s-5221
- As of: 2026-08-15
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-5221
- Congress: 119
- Title: Stop Corrupt Trading Act
- Status: in_committee
- Introduced: 2026-08-03
- Sponsor: Sen. Padilla, Alex [D-CA] (D-CA)
- Cosponsors: 5
- Policy area: Crime and Law Enforcement
- Touches household money: yes
- Last recorded action: 2026-08-15

## Summary

**Stops trading on nonpublic information tied to the President or Vice President.** This bill would create criminal and civil rules that bar Presidents, Vice Presidents, and entities connected to them from selling or exchanging nonpublic information and bar others from buying that information for financial gain. - Presidents, Vice Presidents, and related entities would be prohibited from selling or exchanging nonpublic information for financial benefit. Violations by a covered person could carry a fine up to double the transaction value and imprisonment up to 5 years, plus forfeiture of proceeds. - Traders and counterparties who buy or sell such nonpublic information for financial gain would face civil and criminal exposure. The Attorney General could seek disgorgement and a civil penalty up to the greater of $250,000 or 3 times the gain for each violation, using a preponderance of the evidence standard. - The rule targets entities controlled by or at least 5% owned by a covered person and creates joint liability for counterparties who knowingly provide value. The Director of the Office of Government Ethics must refer credible evidence to the Attorney General and notify House and Senate Judiciary Committees.

## Cosponsors (5)

- Sen. Blumenthal, Richard [D-CT] (D-CT), 2026-08-03T00:00:00.000Z
- Sen. Whitehouse, Sheldon [D-RI] (D-RI), 2026-08-03T00:00:00.000Z
- Sen. Peters, Gary C. [D-MI] (D-MI), 2026-08-03T00:00:00.000Z
- Sen. Merkley, Jeff [D-OR] (D-OR), 2026-08-04T00:00:00.000Z
- Sen. Welch, Peter [D-VT] (D-VT), 2026-08-06T00:00:00.000Z

## Provisions PRIA read

- New ban on trading by top officials: mixed, low. If enacted, this bill would ban the President, Vice President, and related companies from selling or trading nonpublic official information. The ban would apply when transactions are for financial benefit. "Covered entity" would include companies they control or in which they own at least 5 percent…

## Related bills

- 119-s-5066: Health Equity and Accountability Act of 2026
- 119-s-51: Washington, D.C. Admission Act
- 119-s-5108: Right to IVF Act of 2026
- 119-s-1503: Equality Act
- 119-s-1232: Workplace Violence Prevention for Health Care and Social Service Workers Act
- 119-s-2295: Child Care for Working Families Act

## Sources
- [119-s-5221 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/5221)

## Related
- [119-s-5066: Health Equity and Accountability Act of 2026](https://policyrisk.com/legislation/119-s-5066)
- [119-s-51: Washington, D.C. Admission Act](https://policyrisk.com/legislation/119-s-51)
- [119-s-5108: Right to IVF Act of 2026](https://policyrisk.com/legislation/119-s-5108)
- [119-s-1503: Equality Act](https://policyrisk.com/legislation/119-s-1503)
- [119-s-1232: Workplace Violence Prevention for Health Care and Social Service Workers Act](https://policyrisk.com/legislation/119-s-1232)
- [119-s-2295: Child Care for Working Families Act](https://policyrisk.com/legislation/119-s-2295)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-5221 (as of 2026-08-15).
