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Luna vows discharge petition for stock trading ban
UNITED STATES CONGRESS, JUL 31 – Senate committee approved a bill banning stock trading by lawmakers and executives but exempted Trump until 2029; public support for the ban exceeds 80%, advocates say.
- On Tuesday, Luna vowed to use a discharge petition to force a House vote on a stock trading ban after a Senate committee advanced it last week.
- Amid resistance, the Senate Homeland Security and Governmental Affairs Committee advanced Hawley's PELOSI Act on an 8–7 vote, with him joining all Democrats.
- Sen. Ron Johnson, U.S. Senator, called the proposal 'legislative demagoguery' and Sen. Rick Scott, U.S. Senator, called it 'disgusting' during the Senate Homeland Security Committee vote on Wednesday.
- Following committee approval, President Trump said he conceptually supports the stock trading ban and called for Pelosi to be investigated, accusing Hawley of enabling Democrats to target him.
- With enactment looming, officials elected after enactment would have 90 days to sell existing assets, increasing pressure on congressional leaders to act.
26 Articles
26 Articles
Trump supports ethics laws as long as he is exempt
President Donald Trump is greeted by then-US senatorial candidate Josh Hawley (R-MO) in Springfield, Missouri, on September 21, 2018. (MANDEL NGAN/AFP via Getty Images)Just a few months ago, President Trump was an enthusiastic supporter of legislation that would ban members of Congress from owning or trading stock. In an interview with TIME Magazine on April 22, Trump said he would "absolutely" sign such legislation.Three months later, legislati…
Luna vows discharge petition for stock trading ban
Rep. Anna Paulina Luna (R-Fla.) is vowing to file a discharge petition for legislation to ban members of Congress from trading stocks, as some lawmakers reignite the years-long push to do away with the practice.
Senate panel approves bill to ban elected officials' stock trades
GOP senators sparred with fellow Republican Josh Hawley on Wednesday over a Hawley-authored bill that would ban trading and ownership of stocks and certain other assets by lawmakers, the president and vice president and their spouses and dependent children. The Homeland Security and Governmental Affairs Committee approved the bill on a slim 8-7 vote after earlier adopting a Hawley substitute amendment that extended the prohibitions beyond just m…
Senate Panel Approves Stock Trading Ban for Lawmakers and Executives — But Trump Exempted - Real News Now
A Senate committee narrowly advanced a bill Wednesday that would ban lawmakers, presidents, and vice presidents from trading or holding individual stocks — but with a carve-out that exempts President Donald Trump, thanks to a provision limiting the ban to future terms in office. The legislation, led by Sen. Josh Hawley (R-MO), passed the Senate Homeland Security and Governmental Affairs Committee by a tight 8-7 margin. Democrats joined Hawley to…
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