Fact Check: Does Susan Collins think insider trading should not be illegal?

Media Bias Fact Check (MBFC) publishes daily vetted fact checks from verified IFCN-approved sources. Each claim is independently reviewed for accuracy and context.

Claimant: Majority Forward

Claim: Susan Collins “doesn’t think” insider trading “should be illegal.”

Rating: FALSE

Explanation: Collins helped pass the 2012 STOCK Act, which clarified that members of Congress and congressional staff are subject to insider-trading laws. While she opposes a complete ban on lawmakers owning and trading individual stocks, there is no evidence she believes insider trading should be legal.

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Date: 07/09/2026

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Last Updated on July 9, 2026 by Media Bias Fact Check

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