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Bryan Steil: “House rules still apply. You today are allowed to buy…”

Featuring: Bryan Steil, Republican | U.S. House, Wisconsin, District 1

'It Does Not Ban The Selling!': Joe Neguse Grills Bryan Steil About Stop Insider Trading Act

Published July 20, 2026 | Video Starts at 08:01

Individual shares of stock? No. Individual shares, no. Private placements. Yes. Right. The current House rules would apply, correct? Okay, … House rules still apply. You today are allowed to buy Crypto. … or, excuse me, can buy industry specific mutual funds. Right. That's accurate. And that does not change under your bill. Does not change. Okay. And. (08:01)

CLAIM

Asserts that current House rules allow members to buy cryptocurrency.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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Bryan Steil

“Under current House rules, members of Congress can buy stocks through private placements. And under your bill that does not change.”
'It Does Not Ban The Selling!': Joe Neguse Grills Bryan Steil About Stop Insider Trading Act | Uploaded July 20, 2026 | 05:00-07:29
“Under current House rules, members of Congress can buy crypto holdings. And under your bill, that does not change.”
'It Does Not Ban The Selling!': Joe Neguse Grills Bryan Steil About Stop Insider Trading Act | Uploaded July 20, 2026 | 07:33-07:33
“Universities across the country, including in my home state, issue IDs to noncitizens, issue IDs to illegal immigrants.”
'It Does Not Ban The Selling!': Joe Neguse Grills Bryan Steil About Stop Insider Trading Act | Uploaded July 20, 2026 | 13:48-13:56
“In the state of Minnesota next to my own state, you can vouch for eight people. I think that's disastrous.”
'It Does Not Ban The Selling!': Joe Neguse Grills Bryan Steil About Stop Insider Trading Act | Uploaded July 20, 2026 | 14:53-14:59
“It reforms the selling [of stocks].”
'It Does Not Ban The Selling!': Joe Neguse Grills Bryan Steil About Stop Insider Trading Act | Uploaded July 20, 2026 | 00:50-00:52
“They would have provided a minimum of seven days advance notice.”
'It Does Not Ban The Selling!': Joe Neguse Grills Bryan Steil About Stop Insider Trading Act | Uploaded July 20, 2026 | 01:23-01:27
“The name of [Bryan Steil's] bill is the Stop Insider Trading Act.”
'It Does Not Ban The Selling!': Joe Neguse Grills Bryan Steil About Stop Insider Trading Act | Uploaded July 20, 2026 | 02:49-02:56
“This bill bans the buying of individual shares of stock.”
'It Does Not Ban The Selling!': Joe Neguse Grills Bryan Steil About Stop Insider Trading Act | Uploaded July 20, 2026 | 02:49-02:56
“The focus of the bill is to stop an individual from being able to profit off of insider information.”
'It Does Not Ban The Selling!': Joe Neguse Grills Bryan Steil About Stop Insider Trading Act | Uploaded July 20, 2026 | 02:50-02:56
“Proving insider illegal inside trades is actually very difficult for the Department of Justice.”
'It Does Not Ban The Selling!': Joe Neguse Grills Bryan Steil About Stop Insider Trading Act | Uploaded July 20, 2026 | 03:40-03:46
“My bill would require that you would provide an advanced disclosure of that [stock sale].”
'It Does Not Ban The Selling!': Joe Neguse Grills Bryan Steil About Stop Insider Trading Act | Uploaded July 20, 2026 | 03:45-03:51
“Upon entering Congress, easy for all of us to agree, there should be no additional purchase of an individual share of stock.”
'It Does Not Ban The Selling!': Joe Neguse Grills Bryan Steil About Stop Insider Trading Act | Uploaded July 20, 2026 | 05:00-05:07
“The current House rules would apply, correct?”
'It Does Not Ban The Selling!': Joe Neguse Grills Bryan Steil About Stop Insider Trading Act | Uploaded July 20, 2026 | 07:54-07:58
“Under current House rules, members of Congress can buy industry-specific mutual funds.”
'It Does Not Ban The Selling!': Joe Neguse Grills Bryan Steil About Stop Insider Trading Act | Uploaded July 20, 2026 | 07:54-07:58
“Current House rules apply.”
'It Does Not Ban The Selling!': Joe Neguse Grills Bryan Steil About Stop Insider Trading Act | Uploaded July 20, 2026 | 08:01-08:02
“The House Administration Committee has jurisdiction over member participation and prediction markets.”
'It Does Not Ban The Selling!': Joe Neguse Grills Bryan Steil About Stop Insider Trading Act | Uploaded July 20, 2026 | 08:01-08:02
“We have moved forward legislation, the committee and House administration on this topic.”
'It Does Not Ban The Selling!': Joe Neguse Grills Bryan Steil About Stop Insider Trading Act | Uploaded July 20, 2026 | 09:43-09:48
“I've been supportive of making restrictions in the prediction markets.”
'It Does Not Ban The Selling!': Joe Neguse Grills Bryan Steil About Stop Insider Trading Act | Uploaded July 20, 2026 | 10:00-10:06
“We have two different pieces of legislation. We moved through. Obviously prediction markets are reasonably new and novel technology…”
'It Does Not Ban The Selling!': Joe Neguse Grills Bryan Steil About Stop Insider Trading Act | Uploaded July 20, 2026 | 10:07-10:15
“I'm fully supportive of my legislation moving forward.”
'It Does Not Ban The Selling!': Joe Neguse Grills Bryan Steil About Stop Insider Trading Act | Uploaded July 20, 2026 | 10:21-10:24
“We believe the best way to [protect the integrity of our elections] is through the forms of ID as listed in the bill.”
'It Does Not Ban The Selling!': Joe Neguse Grills Bryan Steil About Stop Insider Trading Act | Uploaded July 20, 2026 | 14:13-14:19
“The Wisconsin center is way better than a lot of other states. I mean, a lot of states have nothing.”
'It Does Not Ban The Selling!': Joe Neguse Grills Bryan Steil About Stop Insider Trading Act | Uploaded July 20, 2026 | 14:49-14:54
“I actually think we can do better. Yeah. So I think Wisconsin beats most states? No doubt.”
'It Does Not Ban The Selling!': Joe Neguse Grills Bryan Steil About Stop Insider Trading Act | Uploaded July 20, 2026 | 15:03-15:08
“It is three days. I apologize.”
'It Does Not Ban The Selling!': Joe Neguse Grills Bryan Steil About Stop Insider Trading Act | Uploaded July 20, 2026 | 15:35-15:37
“In Wisconsin, the voters approved by constitutional amendment, essentially a codification of the voter ID law that had already been on the…”
'It Does Not Ban The Selling!': Joe Neguse Grills Bryan Steil About Stop Insider Trading Act | Uploaded July 20, 2026 | 15:57-16:07
“We also have early voting, so an individual could, could go in and do their early in person vote safely in the state of Wisconsin.”
'It Does Not Ban The Selling!': Joe Neguse Grills Bryan Steil About Stop Insider Trading Act | Uploaded July 20, 2026 | 15:58-16:07