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Joe Neguse: “We could just literally cut and paste the Senate resolution…”

Featuring: Joe Neguse, Democratic | U.S. House Colorado, 2nd Congressional District

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

Published July 21, 2026 | Video Starts at 08:59

We have moved forward legislation in the committee and House administration on this topic. I look forward to it. Why can't we? I'm saying this happened in April. You could do a one resolution. We could just literally cut and paste the Senate resolution and we could pass tomorrow. Will you help us with that? Yes. I've been supportive of making restrictions in the prediction markets. Why is it in this bill we have two different pieces of legislation we moved through? (08:59–09:04)

CLAIM

Asserts that the House could adopt the Senate's resolution on prediction markets quickly.

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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Joe Neguse

“A Republican senator, seven, eight days before, nine days before the COVID 19 pandemic began in earnest, sold millions, millions of dollars…”
"It Does Not Ban The Selling!": Joe Neguse Grills Bryan Steil on Stop Insider Trading Act | Uploaded July 21, 2026 | 01:24-01:37
“Four months ago, the United States Senate, on a bipartisan basis, on a voice vote, took action and said, you know what? No senator in this…”
"It Does Not Ban The Selling!": Joe Neguse Grills Bryan Steil on Stop Insider Trading Act | Uploaded July 21, 2026 | 08:32-08:46
“National Conference of State Legislatures has described Wisconsin's constitutional measure, which is the same as the statutory measure, as…”
"It Does Not Ban The Selling!": Joe Neguse Grills Bryan Steil on Stop Insider Trading Act | Uploaded July 21, 2026 | 11:33-11:42
“This bill 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 | 00:37-00:44
“It does not ban the selling.”
"It Does Not Ban The Selling!": Joe Neguse Grills Bryan Steil on Stop Insider Trading Act | Uploaded July 21, 2026 | 00:44-00:46
“You're allowed to sell as much stock as you would like as a member of Congress under this bill.”
"It Does Not Ban The Selling!": Joe Neguse Grills Bryan Steil on Stop Insider Trading Act | Uploaded July 21, 2026 | 00:50-00:55
“Many bills have been introduced, including a bill I introduced seven years ago with Chip Roy and other members of this body that has 140…”
"It Does Not Ban The Selling!": Joe Neguse Grills Bryan Steil on Stop Insider Trading Act | Uploaded July 21, 2026 | 02:04-02:25
“140 members of this body, Republicans and Democrats, have clearly, unambiguously said we should ban the sale or purchase of stocks, period.”
"It Does Not Ban The Selling!": Joe Neguse Grills Bryan Steil on Stop Insider Trading Act | Uploaded July 21, 2026 | 06:09-06:22
“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 on Stop Insider Trading Act | Uploaded July 21, 2026 | 07:30-07:37
“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 on Stop Insider Trading Act | Uploaded July 21, 2026 | 07:37-07:37
“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 | 07:44-07:51
“Under current House rules, members of Congress can buy bonds. Right. And under your bill, that does not change.”
"It Does Not Ban The Selling!": Joe Neguse Grills Bryan Steil on Stop Insider Trading Act | Uploaded July 21, 2026 | 07:53-07:53
“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 | 08:20-08:25
“My understanding is that in Wisconsin the voters approved by constitutional amendment, essentially a codification of the voter ID law that…”
"It Does Not Ban The Selling!": Joe Neguse Grills Bryan Steil on Stop Insider Trading Act | Uploaded July 21, 2026 | 11:15-11:31
“Under that law, you can use a college id, and under your bill you can't.”
"It Does Not Ban The Selling!": Joe Neguse Grills Bryan Steil on Stop Insider Trading Act | Uploaded July 21, 2026 | 11:51-11:57
“I thought the federal standard, I thought 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 | 14:07-14:10
“ID, you forget your ID. You've got 72 hours.”
"It Does Not Ban The Selling!": Joe Neguse Grills Bryan Steil on Stop Insider Trading Act | Uploaded July 21, 2026 | 14:14-14:18
“And if you don't do that, then your vote doesn't count. Right?”
"It Does Not Ban The Selling!": Joe Neguse Grills Bryan Steil on Stop Insider Trading Act | Uploaded July 21, 2026 | 14:18-14:18
“Do you know what that time period is in Wisconsin?”
"It Does Not Ban The Selling!": Joe Neguse Grills Bryan Steil on Stop Insider Trading Act | Uploaded July 21, 2026 | 14:24-14:28
“It's a lot longer.”
"It Does Not Ban The Selling!": Joe Neguse Grills Bryan Steil on Stop Insider Trading Act | Uploaded July 21, 2026 | 14:28-14:31
“I believe Colorado has a gold standard.”
"It Does Not Ban The Selling!": Joe Neguse Grills Bryan Steil on Stop Insider Trading Act | Uploaded July 21, 2026 | 14:44-14:46
“If it's good enough for the people of Wisconsin, I'm just again, don't really understand why you would champion on the one hand, the…”
"It Does Not Ban The Selling!": Joe Neguse Grills Bryan Steil on Stop Insider Trading Act | Uploaded July 21, 2026 | 14:47-14:59