Pelosi Says Stock Ban Coming This Month, but Advocates Are Skeptical
House members pushing for the ban were finally briefed about leadership's plans on Thursday. "We must remain vigilant," one of them warned.
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House members pushing for the ban were finally briefed about leadership's plans on Thursday. "We must remain vigilant," one of them warned.
The proposal comes after Insider and other news outlets found that at least 63 members of Congress failed to properly disclose their stock trades.
Lawmakers are asking for a markup on a bill that would include stiffer fines, forcing members to divest or use a blind trust, and that would include spouses.
Rodney Davis, the ranking member on the House Committee on Administration, said he isn't ready to "pigeonhole" himself into supporting a congressional stock trading ban.
The Committee on House Administration has postponed its hearing on proposals to ban congressional stock trading after its chair, Rep.