21 hours ago
House Passes Stop Insider Trading Act to Ban Congressional Stock Trades
The House approved the Stop Insider Trading Act to prohibit members from buying or selling individual stocks while serving in office. Representative Chip Roy called the vote a major step toward holding members accountable and restoring public trust. Roy questioned how representatives could vote on their conscience for the people while actively engaging in the stock market. The measure faced significant opposition from House Democrats. Reports indicate that 198 Democrats voted against the bill, which would establish a ban on the practice. One social media post characterized the opposition to the ban as unsurprising given previous legislative hurdles. Surprise, surprise.Rep. Roy on stock trading and conscience198 Democrats vote against Stop Insider Trading ActRep. Roy calls vote a major step for accountability