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Bryan Steil: “It makes no changes to the House rules in that regard…”

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

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

Published July 21, 2026 | Video Starts at 06:45

I want to make sure I'm understanding as a technical matter the ambit of this bill. Under this bill, can you purchase Crypto holdings? It makes no changes to the House rules in that regard [regarding Crypto holdings]. So you can't or you can? It makes no changes in this regard. I don't. You. You Today are allowed to buy. So that's not a trick question. You're allowed to. (06:45–06:48)

CLAIM

Asserts that the bill does not change House rules regarding Crypto holdings.

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Bryan Steil

“Under current House rules, members of Congress can buy stocks through private placements.”
"It Does Not Ban The Selling!": Joe Neguse Grills Bryan Steil on Stop Insider Trading Act | Uploaded July 21, 2026 | 04:33-04:39
“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 on Stop Insider Trading Act | Uploaded July 21, 2026 | 12:32-12:40
“The state of Illinois issues driver's licenses, for example, to noncitizens and including illegal immigrants.”
"It Does Not Ban The Selling!": Joe Neguse Grills Bryan Steil on Stop Insider Trading Act | Uploaded July 21, 2026 | 12:43-12:49
“It reforms the selling [of stocks].”
"It Does Not Ban The Selling!": Joe Neguse Grills Bryan Steil on Stop Insider Trading Act | Uploaded July 21, 2026 | 00:45-00:47
“They would have provided a minimum of seven days advance notice.”
"It Does Not Ban The Selling!": Joe Neguse Grills Bryan Steil on Stop Insider Trading Act | Uploaded July 21, 2026 | 01:15-01:19
“The Stop Insider Trading Act bans the buying of individual shares of stock.”
"It Does Not Ban The Selling!": Joe Neguse Grills Bryan Steil on Stop Insider Trading Act | Uploaded July 21, 2026 | 02:34-02:40
“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 on Stop Insider Trading Act | Uploaded July 21, 2026 | 02:34-02:40
“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 on Stop Insider Trading Act | Uploaded July 21, 2026 | 03:20-03:25
“Public disclosure would be prima facie evidence of insider trading.”
"It Does Not Ban The Selling!": Joe Neguse Grills Bryan Steil on Stop Insider Trading Act | Uploaded July 21, 2026 | 04:17-04:22
“Upon entering Congress, there should be no additional purchase of an individual share of stock.”
"It Does Not Ban The Selling!": Joe Neguse Grills Bryan Steil on Stop Insider Trading Act | Uploaded July 21, 2026 | 04:33-04:39
“The current House rules would apply [to the discussed legislation].”
"It Does Not Ban The Selling!": Joe Neguse Grills Bryan Steil on Stop Insider Trading Act | Uploaded July 21, 2026 | 07:11-07:14
“Under current House rules, members of Congress can buy crypto holdings.”
"It Does Not Ban The Selling!": Joe Neguse Grills Bryan Steil on Stop Insider Trading Act | Uploaded July 21, 2026 | 07:11-07:15
“Under current House rules, members of Congress can buy industry-specific mutual funds.”
"It Does Not Ban The Selling!": Joe Neguse Grills Bryan Steil on Stop Insider Trading Act | Uploaded July 21, 2026 | 07:11-07:15
“Under current House rules, members of Congress can buy bonds.”
"It Does Not Ban The Selling!": Joe Neguse Grills Bryan Steil on Stop Insider Trading Act | Uploaded July 21, 2026 | 07:11-07:15
“The House Administration Committee has jurisdiction over member participation in prediction markets.”
"It Does Not Ban The Selling!": Joe Neguse Grills Bryan Steil on Stop Insider Trading Act | Uploaded July 21, 2026 | 07:11-07:15
“There are significant restrictions in place under House rules.”
"It Does Not Ban The Selling!": Joe Neguse Grills Bryan Steil on Stop Insider Trading Act | Uploaded July 21, 2026 | 07:21-07:24
“We have moved forward legislation in the committee and House administration on this topic [prediction markets].”
"It Does Not Ban The Selling!": Joe Neguse Grills Bryan Steil on Stop Insider Trading Act | Uploaded July 21, 2026 | 08:50-08:54
“I've been supportive of making restrictions in the prediction markets.”
"It Does Not Ban The Selling!": Joe Neguse Grills Bryan Steil on Stop Insider Trading Act | Uploaded July 21, 2026 | 09:06-09:11
“The Wisconsin standard is way better than a lot of other states.”
"It Does Not Ban The Selling!": Joe Neguse Grills Bryan Steil on Stop Insider Trading Act | Uploaded July 21, 2026 | 13:28-13:32
“The standard here was three days.”
"It Does Not Ban The Selling!": Joe Neguse Grills Bryan Steil on Stop Insider Trading Act | Uploaded July 21, 2026 | 14:11-14:13
“We also have lots of early voting, so an individual 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 on Stop Insider Trading Act | Uploaded July 21, 2026 | 14:30-14:40