Susie Lee Votes to Ban Congressional Stock Trading After Casino Stock Sales Tied to Ex-Husband

Rep. Susie Lee, a Nevada Democrat, voted Wednesday for a bill banning members of Congress from trading individual stocks. The House passed the Stop Insider Trading Act 232 to 198, with Lee joining 12 other Democrats and every Republican present.

The vote landed days after renewed scrutiny of stock sales made by a trust tied to Lee. Casino.org reported that the trust sold between $500,000 and $1 million in Full House Resorts stock on July 22, 2025, about two weeks before the company's second-quarter earnings report knocked shares down roughly 25%. Casino.org estimated the timing may have saved the trust as much as $300,000.

Full House Resorts is run by Dan Lee, the congresswoman's ex-husband. Casino.org reported the July 2025 sale went directly to him, and that the transaction may have been executed on his behalf rather than hers.

A separate report from Nevada News & Views, circulated by the National Republican Congressional Committee's House campaign arm, the Congressional Leadership Fund, laid out a broader pattern. It said the same trust sold shares in four other Nevada gaming companies, Century Casinos, Golden Entertainment, MGM Resorts and Wynn Resorts, all on the same day, March 14, 2025, according to a disclosure filing posted by the Clerk of the House. That outlet also reported nine separate Full House transactions in Lee's 2025 filings alone, and additional Full House sales this year on April 21, June 1 and July 1, 2026, citing filings reported by MarketBeat and Benzinga.

Lee's office says the sales are not what critics claim. A spokesperson said Lee is moving out of individual stocks she received in her divorce and into ETFs, index funds and mutual funds, calling it a step "above and beyond" what ethics rules require. The office said Lee had never personally directed an individual stock trade before starting that divestment.

Divorce settlements routinely leave people holding assets tied to a former spouse's company, and unwinding those holdings over time, rather than in one conspicuous dump, is a normal way to reduce conflict-of-interest exposure. If the trades were executed by a financial trustee without Lee's direct input, as her office claims, that matters for how much personal culpability she bears for the timing.

But the timing itself is well documented and not in dispute. The Full House sale came about two weeks before an earnings report that tanked the stock, and it went to the company's own CEO, who happens to be Lee's ex-husband. Whether that reflects inside knowledge, coincidence, or routine estate-planning timing driven by Dan Lee's own liquidity needs as CEO is not established by any of the reporting here. No investigation has been announced and no charges have been filed against Lee over these trades.

The legislation Lee voted for wouldn't have stopped any of this anyway. The Stop Insider Trading Act bars members of Congress, their spouses and dependent children from buying new individual stocks. It does not require divesting current holdings. Lawmakers can still sell existing positions, they just have to file public notice seven to 14 days beforehand. Every sale described in the reporting—the March 2025 gaming-stock dump, the July 2025 Full House sale, the 2026 follow-on sales—involves stock Lee already held. None of it would be barred under the bill she just backed.

Republicans have hammered Lee over a separate 2021 finding that she failed to properly disclose up to $3.3 million in stock trades. The NRCC's press shop labeled her "Crooked Susie Lee" in a release timed to the vote, accusing her of turning Congress into "her personal trading floor." The Congressional Leadership Fund pushed the Nevada News & Views story the same week, framing her divestment as cover for having already "cashed out."

Lee said the bill is weaker than legislation she prefers, the Restore Trust in Government Act, and criticized it for not covering the President or Vice President. She also objected to a voter ID provision added to the bill, saying she supports voter ID, including Nevada's Question 7 ballot measure that passed with 73% support, but opposes requiring mail voters to submit photocopied IDs or track down a notary. She called that provision a way Republicans are "deliberately threatening" mail voting, without citing evidence of fraud tied to the current system.

Lee faces a competitive reelection fight in Nevada's third congressional district this cycle. The Stop Insider Trading Act now heads to the Senate, where, according to Breitbart's reporting, its prospects are uncertain. Whether the trust's remaining holdings finish moving into index funds, and whether any regulator examines the direct sale to Dan Lee, remain open questions with no public timeline attached.