Congressional stock-trading ban returns to 2027 agenda after Senate defeat - FINCHANNEL
More than 50 incoming House Democrats want a first-day rule that would bar lawmakers and spouses from owning or trading individual stocks.
- On Thursday, over 50 representatives-elect sent a letter to House Minority Leader Hakeem Jeffries, D-N.Y., and Democratic Whip Katherine Clark, D-Mass., urging adoption of a rule banning House members and their spouses from trading individual stocks.
- This push follows the September Senate rejection of H.R. 7008, the Stop Insider Trading Act, which left lawmakers divided over whether to impose trading limits or a full ownership ban on individual stocks.
- Signed by 51 incoming House freshmen, the letter argues the ban is a vital first step to "clean up" Washington, characterizing it as a "down payment on much-needed reform" to restore public trust.
- Democrats aim to implement this rule when the 120th Congress convenes on January 3, 2027, though applying restrictions to the Senate or White House would require separate legislation.
- Current laws, including the STOCK Act of 2012, have not eliminated conflict concerns, as the Brennan Center for Justice reports nearly all members own shares in public companies.
23 Articles
23 Articles
Incoming US House members call on Dem leaders to institute a stock trading ban • Rhode Island Current
WASHINGTON — Dozens of incoming U.S. House Democrats are urging party leaders to tackle a stock trading ban for lawmakers on the first day of the 120th Congress in January. Just over 50 representatives-elect sent a letter Thursday to House Minority Leader Hakeem Jeffries, D-N.Y., Democratic Whip Katherine Clark, D-Mass., and other top House Democrats asking […]
Incoming US House members call on Dem leaders to institute a stock trading ban • Oklahoma Voice
WASHINGTON — Dozens of incoming U.S. House Democrats are urging party leaders to tackle a stock trading ban for lawmakers on the first day of the 120th Congress in January. Just over 50 representatives-elect sent a letter Thursday to House Minority Leader Hakeem Jeffries, D-N.Y., Democratic Whip Katherine Clark, D-Mass., and other top House Democrats asking […]
Incoming US House members call on Dem leaders to institute a stock trading ban • Maine Morning Star
WASHINGTON — Dozens of incoming U.S. House Democrats are urging party leaders to tackle a stock trading ban for lawmakers on the first day of the 120th Congress in January. Just over 50 representatives-elect sent a letter Thursday to House Minority Leader Hakeem Jeffries, D-N.Y., Democratic Whip Katherine Clark, D-Mass., and other top House Democrats asking […]
Incoming US House members call on Democrat leaders to ban stock trading
Just over 50 representatives-elect sent a letter Thursday to House Minority Leader Hakeem Jeffries, D-N.Y., Democratic Whip Katherine Clark, D-Mass., and other top House Democrats asking that the House adopt a rule barring House members and their spouses from owning and trading individual stocks.
Coverage Details
Bias Distribution
- 91% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
