The bill is expected to be moved quickly to the full House for a vote. The House Administration Committee advanced legislation this week that is intended to prohibit…
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House Speaker Supports Legislation to Ban Congressional Stock Trading
The practice has been allowed as congressional salaries have been frozen for more than a decade. Speaker of the House Mike Johnson voiced his support for bipartisan legislation…
Read MoreBipartisan Effort Made to Ban Stock Trading in Congress
The sensitive information federal legislators have access to creates a conflict of interest. Senators Kirsten Gillibrand of New York and Josh Hawley of Missouri have co-authored a bill…
Read MoreRussian Businessman on Trial for Trading Information
His access to hacked information led to insider stock trading. Arguments in a case of alleged insider trading took place in Boston’s federal court this past week. Russian…
Read MoreHouse Speaker Says Stock Regulation Bill Coming Soon
Federal legislators could face increased trading limitations under update to STOCK Act. Speaker of the House Nancy Pelosi spoke about plans legislators have to more strenuously penalize those…
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