Surprise! Democrats Stall Bill Banning Congressional Stock-Trading
29th September 2022
With the House in session just two more days before lawmakers leave for the usual midterm panderings, a (repeated) promise by Democrat leaders to vote on a congressional stock-trading ban this month appears not to be in the cards – despite a scorching analysis from the NYT which revealed thousands of stock trades by 97 current lawmakers which posed potential conflicts of interest.
As Punchbowl News reports, House Democrats aren’t likely to vote on the Cognressional stock-trading ban “anytime soon.”
When the outlet asked House Majority Leader Steny Hoyer about its passage, he replied: “Well, it was just introduced. … I gotta look at it and see what it is.” Hoyer had previously stated in closed-door leadership meetings that he didn’t like what was being proposed.
My, what a surprise.