House Committee Advances Bill to Ban Congressional Stock Trading
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Table of Contents
The House Committee on Ethics voted 5-4 to advance the “Stop Lawmakers From Predicting Act.” This bill would prohibit members of Congress and their staff from trading stocks, bonds, or other securities in the same companies they are actively regulating or investigating.
Why it matters: This is a procedural step in the legislative process, not a final decision. The practical significance is limited until the full House votes on it. If it passes the House, it would still need to pass the Senate and be signed by the President to become law. The narrow committee vote suggests divided opinions among the committee members on the scope or feasibility of the ban.
Who it affects
- Members of Congress and their staff (if the bill becomes law)
Source is Congress.gov; check the original document for the specific text of the amendments and the exact vote count before relying on details.
Agency: House
Source: Congress.gov — read the official document