Senate Democrats block bill restricting lawmakers' stock trading, 53-47
5 sourcesLeft-leaning 1Center 3Right-leaning 1
Summary
The Senate voted 53-47 on Wednesday against the Stop Insider Trading Act, a House-passed bill sponsored by Sen. Pete Ricketts that would have barred members of Congress from buying new stock in public companies. No Democrat voted for it; Democrats said the measure didn't go far enough and objected to an attached voter ID provision they said would make voting harder for some citizens.
Left-leaning
- Democrats Block Stock-Trading Bill, Denying the G.O.P. a Pre-Midterm WinNew York Times · Sep 30, 2:33 PM
Center
- Lawmaker Stock Buying Ban Fails in Senate Over Clash on Voter IDBloomberg · Sep 30, 12:53 PM
- Democrats block bill restricting lawmakers from trading stocksThe Hill · Sep 30, 12:56 PM
- US Senate blocks bill to limit stock trading by lawmakersReuters · Sep 30, 2:38 PM
Right-leaning
- Democrats block congressional stock-buying ban, objecting to attached voter ID provisionWashington Times · Sep 30, 1:23 PM