North Carolina Delegation Split on Stock Trading — And a Potential Ban

Banning lawmakers and their families from owning stocks is an issue that doesn’t fall neatly along partisan lines.

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Democrat Roy Cooper and Republican Michael Whatley. AP

A rare moment of consensus in North Carolina’s heated U.S. Senate race emerged toward the end of February: Both Democrat Roy Cooper and Republican Michael Whatley said members of Congress should not be allowed to own or trade individual stocks.

But within the state’s current congressional delegation, members are divided — both on policy and by personal habits.

Most members of the North Carolina delegation did not own individual stocks as of Dec. 31, 2024, according to a NOTUS analysis of lawmakers’ annual financial disclosures. Two others, Republican Reps. Pat Harrigan and Chuck Edwards, each reported owning just one individual stock. (Lawmakers have to disclose stock trades no later than 45 days after making them, and most have not reported trades this Congress.)

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But the delegation also includes prolific stock traders, even as debate rages on Capitol Hill over whether lawmakers — who often have access to market-moving information before the general public — and their families should be banned from trading amid concerns over potential insider trading and conflicts of interest.