U.S. House Democrats release framework for bill to restrict members trading stocks

[BidenPresident]

WASHINGTON, Sept 22 (Reuters) - U.S. House Democrats on Thursday released a framework for legislation that would restrict lawmakers and other senior government officials, including the Supreme Court, from trading in stocks.

The bill would also restrict lawmakers' spouses and dependent children from trading stock and holding certain other investments, as well as require public officials to divest from such holdings or place them in a blind trust, according to the framework.

https://www.reuters.com/world/us/us...l-restrict-members-trading-stocks-2022-09-22/

 

[Lionfish]

WASHINGTON, Sept 22 (Reuters) - U.S. House Democrats on Thursday released a framework for legislation that would restrict lawmakers and other senior government officials, including the Supreme Court, from trading in stocks.

The bill would also restrict lawmakers' spouses and dependent children from trading stock and holding certain other investments, as well as require public officials to divest from such holdings or place them in a blind trust, according to the framework.

https://www.reuters.com/world/us/us...l-restrict-members-trading-stocks-2022-09-22/

When does it start?

 

[MAGA MAN]

Hunter exempt.

 

[Celticguy]

I look forward to seeing the resultant legislation.

I'm not confident it will have any real teeth. Hard to believe lawmakers will deny themselves access to the gravy train.

I would love to be wrong on this point.

 

[T. A. Gardner]

When does it start?

Never most likely. There are too many in both parties making too much money to give that stream up...

 

[Flash]

When does it start?

It has to pass both houses first.