Democrats block bill restricting lawmakers from trading stocks
Senate Democrats blocked a Republican-sponsored bill that would have restricted lawmakers from trading stocks. The bill failed in a 53-47 vote, with Democrats arguing the proposed measures were insufficient.
Senate Democrats on Wednesday blocked a bill sponsored by vulnerable GOP incumbent Sen. Pete Ricketts (Neb.) to restrict members of Congress from buying new stocks of publicly traded companies, arguing the legislation didn’t go far enough to crack down on possible corruption. The Stop Insider Trading Act failed by a vote of 53-47. No Democrat...
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