Congressional Conflicts: Curb on lawmakers’ stock trades draws fire for being weak

A limited ban on stock trading by Congress might get a vote next year after a 2012 law did not do enough to stem the practice that critics say is legal insider trading.The Center Square has been investigating the trades of lawmakers on key committees, finding trades that raise questions about the actions and timing.Since 2022, members of Congress have introduced measures to ban lawmakers from trading stocks altogether. Both last year and this July, the Senate Homeland and Governmental Affairs Committee advanced a stock-ban bill. Neither chamber has scheduled a vote on legislation despite overwhelming public support for a stock ban. According to Politico, House Majority Leader Steve Scalise, a Louisiana Republican, said he expects by early next year to vote on a bill that would permit lawmakers to keep stocks they own but bar them from buying new stocks. They would be required to provide seven days of n...