LUNA Price Flat Amid U.S. Lawmaker Stock Trading Ban Progress

On DEC 4 2025, LUNA remained flat by 0% within 24 hours, reaching $0.0727. Over the past week, the cryptocurrency rose by 0.14%, and over 1 month, it climbed 0.69%. However, it has declined sharply by 82.47% within the past year. This recent price behavior is occurring against the backdrop of ongoing legislative efforts in the U.S. to restrict lawmakers from trading individual stocks.

Legislative Momentum for Stock Trading Ban

The bipartisan Restore Trust in Congress Act has emerged as a focal point in the ongoing debate over ethical trading practices among lawmakers. Proposed by Republican Representative Anna Paulina Luna, the legislation aims to prohibit members of Congress, along with their spouses and dependent children, from engaging in individual stock trading.

Luna filed a discharge petition on December 3, 2025, a procedural move designed to bypass leadership and force a House floor vote if the petition secures 218 signatures.

This initiative has attracted over 100 co-sponsors, spanning both conservative and progressive factions, reflecting broad-based concern over perceived conflicts of interest. The bill seeks to close ethical loopholes and restore public trust by addressing the influence of privileged information and insider access to government briefings.

Support and Challenges in Implementation

The bill has garnered support from lawmakers across the ideological spectrum, including prominent figures like Representative Chip Roy and Representative Seth Magaziner. These lawmakers argue that the current regulatory framework, particularly the 2012 STOCK Act, is insufficient in preventing unethical behavior. The STOCK Act mandates disclosure of stock transactions but does not restrict trading itself, allowing lawmakers to continue profiting from their access to nonpublic information.

Despite the bipartisan backing, the bill faces resistance from both parties. Some lawmakers have expressed concerns over financial flexibility, particularly given that congressional salaries have remained unchanged since 2009. Critics argue that banning stock trading could disproportionately affect lower-income legislators who rely on such investments to supplement their income.

Public Scrutiny and Legislative Strategy

Recent financial disclosures have highlighted the extent to which lawmakers and their families outperform the broader market, reinforcing calls for greater accountability. Public sentiment has been further influenced by the discharge petition, which has positioned the bill as a potential catalyst for congressional reform. The success of a similar petition earlier this year—concerning the release of documents in the Jeffrey Epstein case—demonstrates the potential for such strategies to override leadership resistance.

If the discharge petition succeeds, it could force a vote on the legislation, bringing the issue to the forefront of congressional ethics discussions. The outcome remains uncertain, as House Speaker Mike Johnson has voiced opposition to the use of discharge petitions and has yet to signal support for the bill. However, with growing public pressure and cross-party backing, the debate over legislative integrity and ethical conduct is likely to intensify in the coming weeks.