The record · Topic 14 of 15
How much do people want it
What got approved
It would stop members of Congress, their spouses and their children from buying new individual stocks while in office. It does not require anyone to sell what they already own, allows sales with a week or two of notice, and does not cover the President, the Vice President or the Supreme Court.
The combined bill passed 232 to 198. Every Republican who voted voted yes, thirteen Democrats joined them, 198 voted against.
That result cannot tell you what anyone thought about stock trading, because the same vote also answered the photo ID question. See polling qualifications.
During committee consideration, members twice tried to swap in stronger versions — including one that would have covered the President and Vice President. Both attempts were defeated.
A request to pass it without a vote was objected to. It is not law.
What could have been
While this ranks 14th of 15 for agreement, both parties want it at almost exactly the same rate — Republicans 78%, Democrats 75%. There is very little daylight between them on this.
A separate bill would require members to sell their holdings rather than merely stop buying. It has never been brought to a vote. A petition to force a vote on a similar ban has 84 signatures from both parties, short of the 218 needed.
The other half of the bill that did get a vote is also on this list. See requiring photo ID to vote — same event, same outcome, different topic.
Additional notes
Nothing to report. Where a government department changes a rule affecting this topic, it appears here — never counted as the government getting something done. Why.
Where these came from
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