Analyses / Whip Count Analysis / 119 · S 1498 Whip Count Analysis

119-S-1498 DC Insider Whip Count Analysis

119 · S 1498 A bill to amend chapter 131 of title 5, United States Code, to prohibit transactions involving certain financial instruments by Members of Congress.

S.1498 (HONEST Act) cleared HSGAC 8–7 and is on the Senate calendar, but faces a 60‑vote cloture wall, skeptical GOP leadership, and mixed signals from the White House; House passage is plausible if a bipartisan vehicle reaches the floor or via discharge, but bottlenecked in House Administration. Overall: passage this Congress is possible only with leadership buy‑in and a negotiated package; baseline odds low-to-moderate. [1]Congress.gov — All Actions - S.1498 (HONEST Act), 119th Congress[2]CBS News — GOP Sen. Josh Hawley and Democrats vote to advance congressional sto…[3]NPR — Bipartisan push to ban lawmakers from trading stocks gets a boost from Tr…[4]House Administration (Republicans) — Chairman Steil to Lead Committee on House…

Published
13 Dec 2025
Updated
13 Dec 2025
Tags
whip-count · congressional-ethics · stock-trading-ban
Unvetted
01 · Section

Breakdown: expected support/opposition

Institutional context: Republicans hold unified control (White House, Senate, House). Senate GOP has 53 seats; filibuster applies. S.1498 has been reported and placed on the Senate calendar. [5]U.S. Senate — U.S. Senate: Party Division[6]Wikipedia — 119th United States Congress (party control and leadership)[1]Congress.gov — All Actions - S.1498 (HONEST Act), 119th Congress

  • Senate – Democrats/Independents: Broad support for a trading ban has been repeatedly signaled by key Democratic negotiators (Peters, Merkley, Ossoff) and most of the caucus; the bipartisan framework mirrors the earlier ETHICS/Ossoff‑Kelly architecture. Expect the Democratic caucus and the two allied Independents to supply most Yes votes. [7]Sen. Gary Peters office — Committee Advances Peters Bipartisan Legislation to B…[8]Sen. Jon Ossoff office — Ossoff announces bipartisan progress to ban congressio…
  • Senate – Republicans: Committee vote was 8–7 with Hawley the lone GOP Yes, signaling substantial intraparty resistance at this stage. Public positions show: Hawley (sponsor) and Moreno (cosponsor) in favor; Susan Collins publicly opposed Hawley’s version; Rick Scott says he supports a ban “if done right” but criticized this draft. Net: several potential GOP swing votes, but current conference posture leans No. [2]CBS News — GOP Sen. Josh Hawley and Democrats vote to advance congressional sto…[9]Sen. Bernie Moreno office — Moreno Joins PELOSI Act to Ban Stock Trading in Con…[10]Bangor Daily News — Susan Collins does not support a Republican’s proposed stoc…[11]Sen. Rick Scott office — I support a stock-trading ban, if done right (op-ed)
  • House – Democrats: Leadership and rank‑and‑file messaging favor action; Democratic Leader Jeffries has publicly endorsed a ban. [12]Web search · turn 7 #2
  • House – Republicans: Mixed but material support in the conference; Chip Roy’s Restore Trust in Congress Act (H.R.5106) has 100+ cosponsors across the aisle. Speaker Johnson has voiced openness/support in principle at times but has also expressed reservations about an outright ban; the main bottleneck is House Administration. [13]Congress.gov — H.R.5106 – Restore Trust in Congress Act (119th)[14]News result · turn 9 #12[4]House Administration (Republicans) — Chairman Steil to Lead Committee on House…
  • Interest groups/public sentiment: Reform coalition support is broad (Public Citizen, POGO, CREW, Campaign Legal Center, Issue One, etc.). Polling consistently shows supermajority public support (≈86% nationally). These pressures increase political cost of opposition but don’t overcome procedural veto points. [15]Senate HSGAC (Democrats) — HSGAC: Peters, Merkley, Hawley, Ossoff announce bipa…[16]Gray DC / WSFA 12 News — Survey finds bipartisan majority support stock trading…
  • Bill status/vehicle: S.1498 (HONEST Act) was reported by HSGAC and placed on the Senate Legislative Calendar (Cal. No. 294) on Dec. 10, 2025. Text incorporates immediate trading bans and 2027 divestiture timelines for Members, the President, VP, spouses, and dependents. [1]Congress.gov — All Actions - S.1498 (HONEST Act), 119th Congress[7]Sen. Gary Peters office — Committee Advances Peters Bipartisan Legislation to B…
02 · Section

Key legislators (swing votes and leverage points)

These members’ public stances and procedural roles will decide whether the bill reaches 60 in the Senate and gets a House vote.

  • Sen. John Thune (R‑SD), Majority Leader: Gatekeeper for floor time; has signaled comfort with existing disclosure protections and has not committed to prioritizing a ban—an indicator leadership won’t burn floor time absent a near‑certain 60. [3]NPR — Bipartisan push to ban lawmakers from trading stocks gets a boost from Tr…
  • Sen. Rand Paul (R‑KY), HSGAC Chair: Ran the markup and reported the substitute to the floor; even if personally skeptical, he’s already moved the vehicle, so leverage now shifts to leadership/whip. [17]Sen. Rand Paul office — Dr. Rand Paul Assumes Chairmanship of Senate Homeland S…[1]Congress.gov — All Actions - S.1498 (HONEST Act), 119th Congress
  • Sen. Josh Hawley (R‑MO), sponsor: Principal GOP advocate; voted Yes in committee; his ability to add GOP co‑sponsors beyond Moreno is pivotal to getting close to 60. [2]CBS News — GOP Sen. Josh Hawley and Democrats vote to advance congressional sto…[18]Sen. Josh Hawley office — Hawley Reintroduces PELOSI Act to Ban Congress from T…
  • Sen. Bernie Moreno (R‑OH), cosponsor: Early GOP co‑sign; helps demonstrate bipartisan cover but doesn’t by itself signal broader GOP buy‑in. [9]Sen. Bernie Moreno office — Moreno Joins PELOSI Act to Ban Stock Trading in Con…
  • Sen. Susan Collins (R‑ME): Publicly opposed Hawley’s version and favors enforcing existing law—unlikely Yes absent meaningful changes. [10]Bangor Daily News — Susan Collins does not support a Republican’s proposed stoc…
  • Sen. Rick Scott (R‑FL): Says he supports a ban “if done right,” but opposed the substitute process; potential conditional Yes if terms shift. [11]Sen. Rick Scott office — I support a stock-trading ban, if done right (op-ed)
  • President Donald Trump: Messaging is mixed—told TIME in April he’d “absolutely” sign a ban, but attacked Hawley and the committee product in July. His line will heavily influence House GOP votes and some Senate Rs. [19]Bloomberg — Trump Says He Would Sign Bill Banning Congressional Stock Trades[20]Associated Press — Trump calls Hawley a 'second-tier' senator after panel OKs s…
  • Rep. Mike Johnson (R‑LA), Speaker: Re‑elected with a narrow GOP majority; has at times endorsed the concept but also raised concerns. If he withholds the floor, a discharge petition is the fallback. [21]PBS NewsHour / AP — Mike Johnson reelected House speaker in dramatic first-roun…[14]News result · turn 9 #12
  • Rep. Bryan Steil (R‑WI), Chair, House Administration: Committee of referral for the main House vehicles (TRUST Act; Restore Trust in Congress Act). His posture is the key House bottleneck absent a discharge. [22]Congress.gov — H.R.396 – TRUST in Congress Act (119th)[13]Congress.gov — H.R.5106 – Restore Trust in Congress Act (119th)[4]House Administration (Republicans) — Chairman Steil to Lead Committee on House…
  • Rep. Chip Roy (R‑TX) / Rep. Seth Magaziner (D‑RI): Lead bipartisan House sponsors; coalition‑building here determines whether a discharge petition can force action if leadership sits on the bill. [13]Congress.gov — H.R.5106 – Restore Trust in Congress Act (119th)[22]Congress.gov — H.R.396 – TRUST in Congress Act (119th)
03 · Section

Leadership influence and procedural dynamics

  • Senate math and procedure: GOP holds 53 seats; cloture requires 60. With Democrats largely supportive, the bill still needs ~13 GOP (or mix) for cloture if all Dem/Indies vote Yes. Committee vote pattern (all Rs but Hawley opposed) underscores the gap. Leadership control of floor time (Thune) is decisive. [5]U.S. Senate — U.S. Senate: Party Division[2]CBS News — GOP Sen. Josh Hawley and Democrats vote to advance congressional sto…[3]NPR — Bipartisan push to ban lawmakers from trading stocks gets a boost from Tr…
  • Contentious provisions: The reported substitute extends bans/divestiture to the President/VP and family and tightens timelines (immediate trading ban; 90‑day sale limit; 2027 divestiture). These features drive some GOP resistance and contributed to Trump’s July criticism. Adjustments here are the likeliest bargaining chips. [7]Sen. Gary Peters office — Committee Advances Peters Bipartisan Legislation to B…[20]Associated Press — Trump calls Hawley a 'second-tier' senator after panel OKs s…
  • House pathway: Two live vehicles (H.R.396, H.R.5106) sit in House Administration. If Speaker/Chair don’t move them, a discharge petition could force the floor given the slim 220–213 GOP margin—if nearly all Democrats plus a handful of Republicans sign. [22]Congress.gov — H.R.396 – TRUST in Congress Act (119th)[13]Congress.gov — H.R.5106 – Restore Trust in Congress Act (119th)[23]Reuters — Republican disunity tests Johnson's grip as Congress enters election…
  • External pressure: Public polling (≈86% support) and endorsements from a broad reform coalition (Public Citizen, POGO, CREW, CLC, Issue One, etc.) raise the political price of inaction, especially for swing‑state incumbents. [16]Gray DC / WSFA 12 News — Survey finds bipartisan majority support stock trading…[15]Senate HSGAC (Democrats) — HSGAC: Peters, Merkley, Hawley, Ossoff announce bipa…
  • White House influence: Trump’s posture shifts the House GOP calculus. Early supportive comments boosted momentum; the later rebuke of Hawley complicates GOP unity and gives Senate leadership cover to slow‑roll. [19]Bloomberg — Trump Says He Would Sign Bill Banning Congressional Stock Trades[20]Associated Press — Trump calls Hawley a 'second-tier' senator after panel OKs s…
04 · Section

Assessment: whip, vote ranges, and odds

Senate GOP seats
53seats
Filibuster threshold
60votes
Likely Senate YES (base case)
50votes
House GOP majority
7seats
House bipartisan cosponsors (H.R.5106)
110cosponsors
  • Senate whip take: If brought to the floor without substantive concessions, expect near‑unanimous Democratic/Independent support plus a small GOP bloc (Hawley, Moreno; a few conditionals like Scott). Working range: ~48–54 Yes—short of 60 absent leadership engagement and/or amendments. Confidence: moderate. [2]CBS News — GOP Sen. Josh Hawley and Democrats vote to advance congressional sto…[9]Sen. Bernie Moreno office — Moreno Joins PELOSI Act to Ban Stock Trading in Con…[11]Sen. Rick Scott office — I support a stock-trading ban, if done right (op-ed)
  • Most plausible Senate path: a manager’s package that (a) clarifies timelines and enforcement, (b) addresses spousal/illiquid asset handling, and (c) synchronizes with House language. Without that, Thune has little incentive to burn floor time. Confidence: moderate. [3]NPR — Bipartisan push to ban lawmakers from trading stocks gets a boost from Tr…
  • House whip take: If a clean ban gets a vote, passage is plausible with near‑unanimous Democrats plus a modest GOP crossover—cosponsor counts on H.R.5106 suggest there are enough Republican votes. The bottleneck is getting a vote (House Administration/Speaker). Discharge remains a credible threat tool. Confidence: moderate. [13]Congress.gov — H.R.5106 – Restore Trust in Congress Act (119th)[4]House Administration (Republicans) — Chairman Steil to Lead Committee on House…
  • Bottom line odds this Congress (without a negotiated leadership deal): Senate passage low; bicameral enactment low‑to‑moderate. A synchronized Senate‑House compromise and a clear go‑signal from the White House would move odds to moderate. [3]NPR — Bipartisan push to ban lawmakers from trading stocks gets a boost from Tr…[19]Bloomberg — Trump Says He Would Sign Bill Banning Congressional Stock Trades
05 · Section

Sourcing (selected)

Core procedural and position claims are drawn from Congress.gov, official leadership/committee sources, and major outlets.

  • Bill status/details: S.1498 (HONEST Act) actions and calendar; committee vote coverage. [1]Congress.gov — All Actions - S.1498 (HONEST Act), 119th Congress[2]CBS News — GOP Sen. Josh Hawley and Democrats vote to advance congressional sto…
  • Institutional control and leadership: Senate party split; Thune as Majority Leader; Speaker Johnson’s election. [5]U.S. Senate — U.S. Senate: Party Division[24]Web search · turn 2 #22[21]PBS NewsHour / AP — Mike Johnson reelected House speaker in dramatic first-roun…
  • Negotiated framework content and allied groups: Peters/Merkley releases; HSGAC Dem release. [7]Sen. Gary Peters office — Committee Advances Peters Bipartisan Legislation to B…[15]Senate HSGAC (Democrats) — HSGAC: Peters, Merkley, Hawley, Ossoff announce bipa…
  • White House stance signals: Bloomberg April interview (support), AP July pushback on Hawley. [19]Bloomberg — Trump Says He Would Sign Bill Banning Congressional Stock Trades[20]Associated Press — Trump calls Hawley a 'second-tier' senator after panel OKs s…
  • House vehicles and bottleneck: H.R.396/H.R.5106 (House Administration referral). [22]Congress.gov — H.R.396 – TRUST in Congress Act (119th)[13]Congress.gov — H.R.5106 – Restore Trust in Congress Act (119th)
  • Notable swing statements: Collins opposition (BDN); Scott conditional support; Moreno cosponsor. [10]Bangor Daily News — Susan Collins does not support a Republican’s proposed stoc…[11]Sen. Rick Scott office — I support a stock-trading ban, if done right (op-ed)[9]Sen. Bernie Moreno office — Moreno Joins PELOSI Act to Ban Stock Trading in Con…
Sources cited
  1. [1] All Actions - S.1498 (HONEST Act), 119th Congress Congress.gov
  2. [2] GOP Sen. Josh Hawley and Democrats vote to advance congressional stock trading ban CBS News
  3. [3] Bipartisan push to ban lawmakers from trading stocks gets a boost from Trump NPR
  4. [4] Chairman Steil to Lead Committee on House Administration for 119th Congress House Administration (Republicans)
  5. [5] U.S. Senate: Party Division U.S. Senate
  6. [6] 119th United States Congress (party control and leadership) Wikipedia
  7. [7] Committee Advances Peters Bipartisan Legislation to Ban Member Stock Trading Sen. Gary Peters office
  8. [8] Ossoff announces bipartisan progress to ban congressional stock trading Sen. Jon Ossoff office
  9. [9] Moreno Joins PELOSI Act to Ban Stock Trading in Congress Sen. Bernie Moreno office
  10. [10] Susan Collins does not support a Republican’s proposed stock trading ban Bangor Daily News
  11. [11] I support a stock-trading ban, if done right (op-ed) Sen. Rick Scott office
  12. [12] Web search · turn 7 #2
  13. [13] H.R.5106 – Restore Trust in Congress Act (119th) Congress.gov
  14. [14] News result · turn 9 #12
  15. [15] HSGAC: Peters, Merkley, Hawley, Ossoff announce bipartisan agreement; supporters list Senate HSGAC (Democrats)
  16. [16] Survey finds bipartisan majority support stock trading ban for Members of Congress Gray DC / WSFA 12 News
  17. [17] Dr. Rand Paul Assumes Chairmanship of Senate Homeland Security and Governmental Affairs Committee Sen. Rand Paul office
  18. [18] Hawley Reintroduces PELOSI Act to Ban Congress from Trading Stocks Sen. Josh Hawley office
  19. [19] Trump Says He Would Sign Bill Banning Congressional Stock Trades Bloomberg
  20. [20] Trump calls Hawley a 'second-tier' senator after panel OKs stock trading ban Associated Press
  21. [21] Mike Johnson reelected House speaker in dramatic first-round floor vote PBS NewsHour / AP
  22. [22] H.R.396 – TRUST in Congress Act (119th) Congress.gov
  23. [23] Republican disunity tests Johnson's grip as Congress enters election year Reuters
  24. [24] Web search · turn 2 #22

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