Some lawmakers think that Democratic leaders could be delaying a vote on a bill to ban Congress from trading stocks because they’re personally against the plan.
“We have not heard exactly what’s happening,” Jayapal toldthat Pelosi and Senate Majority Leader Chuck Schumer are simply trying to put the bill off long enough until efforts to pass it fizzle out. “I think that they’re trying to run out the clock,” she said in May.
The delay isn’t due to a lack of energy or ideas for the proposal; there have been multiple stock ban bills introduced by members from both sides of the aisle over the past year, with rare bipartisan support for the ban. Those bills all have some form of ban on members’ ability to trade individual stocks. Some include variations on whether their families should also be banned, while others allow lawmakers to keep the stocks in a blind trust or require officials to divest from them entirely.
One roadblock to progress on the proposal in the House may be the House Administration Committee, which is
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