H.Res. 1438: House Rule Package: Defense, Social Security, Budget, Stock Trading

House Rule Package: Defense, Social Security, Budget, Stock Trading

Providing for consideration of the bill (H.R. 8800) to authorize appropriations for fiscal year 2027 for military activities of the Department of Defense, for military construction, and for defense activities of the Department of Energy, to prescribe military personnel strengths for such fiscal year, and for other purposes; providing for consideration of the bill (H.R. 8884) to amend title II of the Social Security Act to reauthorize demonstration authority for the disability insurance program; providing for consideration of the concurrent resolution (H. Con. Res. 113) establishing the congressional budget for the United States Government for fiscal year 2027 and setting forth the appropriate budgetary levels for fiscal years 2028 through 2036; providing for consideration of the bill (H.R. 7008) to amend chapter 131 of title 5 to require certain restrictions on stocks for Members of Congress and their spouses and dependents, and for other purposes; providing for consideration of the bill (H.R. 6955) to make improvements to the Federal banking laws, and for other purposes; providing for consideration of the bill (H.R. 9770) making continuing appropriations for fiscal year 2027, and for other purposes; and for other purposes.

Sponsor

Virginia Foxx (R-NC)

Introduced

Jul 20, 2026

Last Action

Jul 20, 2026

Passage

72%

✓

Introduced

Jul 20, 2026

Committee

—

Floor Vote

—

Both Chambers

—

Enacted

—

01 — The Text

What.

Sets debate rules for six separate bills covering defense spending, Social Security disability programs, 2027 federal budget, congressional stock trading restrictions, banking reforms, and government funding.
Allows one hour of debate per measure. Most bills face closed rules (limited amendments); defense bill gets structured rule with one recommittal motion allowed.
This is a procedural resolution—it doesn't change laws itself, only governs how the House votes on the underlying bills.

02 — The Stakes

So what?

Defense contractors and military personnel: H.R. 8800 authorizes Pentagon spending and troop levels for fiscal 2027; amount not yet disclosed in available summary.
Congressional members and families: H.R. 7008 restricts their personal stock holdings to reduce conflict-of-interest concerns.
Social Security beneficiaries with disabilities: H.R. 8884 reauthorizes pilot programs; scope unclear without detailed summary.
Banks and consumers: H.R. 6955 modifies federal banking rules; specific changes pending publication of bill text.

03 — The Path

Now what?

Status: Rule reported out of House Rules Committee on July 20, 2026; awaits full House floor vote to proceed with debate on underlying bills.
Next: If House approves this rule, each of the six bills enters debate and voting immediately after.
You can engage: Track votes on Congress.gov when bills reach House floor; contact your representative to state position on defense spending, congressional stock trading, or banking rules.

Legislative History

Actions.

Jul 20, 2026 — Placed on the House Calendar, Calendar No. 86.
Jul 20, 2026 — The resolution provides for consideration of H.R. 8800 under a structured rule and for consideration of H.R. 8884, H. Con. Res. 113, H.R. 7008, H.R. 6955, and H.R. 9770 under a closed rule, with one hour of debate on each measure and one motion to recommit H.R. 8800, H.R. 8844, H.R. 7008, H.R. 6955, and H.R. 9770.
Jul 20, 2026 — The House Committee on Rules reported an original measure, H. Rept. 119-755, by Ms. Foxx.
Jul 20, 2026 — The House Committee on Rules reported an original measure, H. Rept. 119-755, by Ms. Foxx.