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In both the House and Senate, Republicans have proposed legislation to close this loophole. It's been Democrat-controlled committees that have prevented these f
by pkt_nspktr 4y ago
In both the House and Senate, Republicans have proposed legislation to close this loophole. It's been Democrat-controlled committees that have prevented these from moving forward. Even Democratic bills have not made it out of committee, despite public pronouncements back in September. This seems like a issue that could get true bi-partisan support, but it will take Democratic leadership to move a bill out of committee at this point in time.
House: H.R.6490 - Banning Insider Trading in Congress Act (https://www.congress.gov/bill/117th-congress/house-bill/6490 https://www.congress.gov/bill/117th-congress/house-bill/6490), Sponsor: Rep. Hartzler, Vicky [R-MO-4]
Senate: S.3504 - Banning Insider Trading in Congress Act (https://www.congress.gov/bill/117th-congress/senate-bill/3504?r=33&s=1 https://www.congress.gov/bill/117th-congress/senate-bill/350...) Sponsor: Sen. Hawley, Josh [R-MO]
Found this Democrat-sponsored bill:
H.R.8990 - Combatting Financial Conflicts of Interest in Government Act (https://www.congress.gov/bill/117th-congress/house-bill/8990?r=1&s=4 https://www.congress.gov/bill/117th-congress/house-bill/8990...), Sponsor: Rep. Lofgren, Zoe [D-CA-19]
EDIT: removed markdown formatting