星球日报|Jul 22, 2026 22:45
[U.S. House of Representatives Passes Bill to Restrict Lawmakers from Trading Stocks]
Odaily Planet Daily reports, citing Politico, that the U.S. House of Representatives passed a bill on Wednesday aimed at restricting members of Congress and their families from trading stocks. However, the bill has caused divisions within the Democratic Party, as some Democrats believe the measure does not go far enough.
The bill, titled the 'Stop Insider Trading Act,' is the first congressional stock trading ban to be voted on by the full House. It passed with a vote of 232 to 198, with 13 Democratic lawmakers voting in favor. Among the 93 lawmakers who co-sponsored the bill, only two were Democrats.
Another bill with stricter provisions—requiring lawmakers and their families to sell their current individual stock holdings—garnered broader bipartisan support but failed to reach a full House vote. Most Democrats believe the passed measure is insufficient because it does not include a mandatory provision for selling existing stock holdings.
The bill will now be sent to the Senate for review. (Jin10)
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