House Passes Congressional Stock Trading Ban, Faces Uncertain Senate Future
Headline from WZMQ Marquette
The U.S. House narrowly passed a bill Wednesday that would bar members, their spouses and dependent children from buying new stocks in publicly traded companies while they serve in Congress. However, a controversial voter ID proposal — which was added to the bill to appease conservative hardliners —…
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The House bill, called the Stop Insider Trading Act, prohibits members of Congress and their families from buying new individual stocks, but it doesn't prevent them from owning them.
Democrats who opposed the legislation argued that the bill does not go far enough because it prohibits members of Congress and their families from buying new individual stocks, but it doesn't prevent them from owning them.
The "Stop Insider Trading Act" is perhaps the closest Congress has gotten to tightening its rules on stock trading by lawmakers since 2012, but still faces an uphill battle to actually become law.
The House on Wednesday passed a GOP-backed congressional stock trading ban, overcoming months of delay after conservative hardliners repeatedly pressed House GOP leaders to bring the legislation to the floor for a vote.
By Annie Grayer, CNN (CNN) — The House narrowly passed a bill to add new restrictions on lawmakers trading stocks after a partisan dispute resulted in a narrower proposal that stops short of an outright ban.
The House took its first step toward banning lawmakers from trading stocks while in office, the latest effort by Congress to crack down on insider trading inside the political realm. Lawmakers voted 232-198 mostly along party lines to approve the Stop Insider Trading Act, which seeks to prohibit mem…
WASHINGTON (AP) — The House approved legislation Wednesday that would bar members of Congress from purchasing individual stocks, advancing an ethics proposal that lawmakers in both parties have long championed but repeatedly failed to enact.
Congress just passed two major Republican efforts in one bill. The Stop Insider Trading Act, meant to stop members of Congress from profiting from the stock market based on insider knowledge, included the SAVE America Act.
The House on Wednesday passed a bill to restrict lawmakers from stock trading, along with the National Defense Authorization Act. Julia Manchester, White House correspondent for The Hill, and Dave Levinthal, senior editor for NOTUS, join "The Takeout" to discuss.
COLUMBIA, Mo. (KMIZ) The “Stop Insider Trading Act” was passed by the U.S. House of Representatives on Wednesday. House Resolution 7008 – which includes Missouri Republican Reps. Mark Alford and Ann Wagner on the long list of cosponsors – would ban members of Congress, their spouses and their depend…
WASHINGTON, D.C. – The U.S. House of Representatives passed the Stop Insider Trading Act on Thursday by a 232-198 vote, advancing legislation that would prohibit members of Congress and their spouses and dependent children from purchasing individual stocks while imposing new disclosure requirements …
The House has passed the Stop Insider Trading Act, a bill that would restrict members of Congress and their families from purchasing individual stocks while serving in office.
The U.S. House narrowly passed a bill Wednesday that would bar members, their spouses and dependent children from buying new stocks in publicly traded companies while they serve in Congress. However, a controversial voter ID proposal — which was added to the bill to appease conservative hardliners —…
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House Passes Congressional Stock Trading Ban, Faces Uncertain Senate Future | Since Then
