Submitted by Harold Saive
BANNED: Dems Plan To Introduce Legislation To Stop Lawmakers Spouses From Stock Trading
https://conservativebrief.com/
House Speaker and California Rep. Nancy Pelosi just got some tough news from her fellow Democrats.
Democrats plan to introduce legislation next month that would prevent stock trades by members of Congress and their spouses, Punchbowl News reported.
“Punchbowl News: House Democrats plan to announce a proposal next month to ban lawmakers, their spouses, and senior staff from trading stocks, according to multiple sources close to the issue,” Kyle Griffin said on Twitter.
“The framework would force members of Congress, their spouses, and senior staff to place assets in either a qualified blind trust or completely sell them off. Lawmakers, spouses, and staff would still be able to hold mutual funds,” The Daily Mail reported. “Leadership’s goal is to get the legislation through the House in September, according to Punchbowl News. Rep. Zoe Lofgren, D-Calif., who as head of the House Administration Committee has been tasked with reviewing the different proposals, told DailyMail.com on Friday the framework would be out in the coming weeks.”