AMERICANALMANAC (Alan Benson) - House passes congressional stock trading ban 232-198 as Pelosi votes to protect her own portfolio
The House passed a ban on congressional stock trading with bipartisan support on July 22, but Nancy Pelosi, whose household has racked up tens of millions in trades, voted no. The Stop Insider Trading Act cleared the chamber 232-198, with 13 Democrats breaking ranks to join every Republican in favor. The bill bars sitting members […] The post House passes congressional stock trading ban 232-198 as Pelosi votes to protect her own portfolio appeared first on American Almanac .
The House passed a ban on congressional stock trading with bipartisan support on July 22, but Nancy Pelosi, whose household has racked up tens of millions in trades, voted no. The Stop Insider Trading Act cleared the chamber 232-198, with 13 Democrats breaking ranks to join every Republican in favor. The bill bars sitting members of Congress, their spouses, and dependent children from purchasing individual stocks in publicly traded companies while in office. Pelosi, the former Speaker whose name has become synonymous with congressional trading, was not among the Democrats who crossed the aisle. Her no vote landed weeks after she disclosed up to $6 million in Intel and Uber call options purchased on May 29, bets that don't expire until…Open