Senate committee passes Hawley’s Honesty Act Stock Trading Injunction

A long-awaited stock trading ban passed through the Senate Homeland Security and Government Affairs Committee on Wednesday, the Democratic Committee with Sen. Josh Hawley (R-Mo), the bill’s sponsor.

Hawley initially introduced “Pelosi Act” Earlier this year, but ultimately passing the dazzling committee’s marking process on Wednesday was the honest bill. Both legislation prohibits all members of Congress and their spouses from trading stocks during their tenure, in addition to closing various loopholes around direct trading. The key difference between the two bills is that the Honesty Act also prohibits the president and vice president from trading during their tenure. But that rule did not take effect until President Donald Trump and Vice President Judd Vance left the office.

Media reports claimed Wednesday morning that the White House had withdrawn the rule once it was captured, but Hawley told Fox News numbers in an interview that he had never heard of anything from the administration, “of course not Trump’s news.” Hawley is the committee’s only Republican, although former Pelosi bill co-sponsor, Ohio R-Ohio Senator Bernie Moreno also sat on the committee.

Trump responded to the progress of the Hawley bill during a press conference Wednesday. He reiterated his support for the Congressional stock trading ban but refused to directly endorse the legislation. He did not directly comment on the inclusion of the ban in the top administrative offices.

Metz sounded frustrated in Congress stock trading, Pelosi remained silent: “Something doesn’t add up”

“I like it conceptually,” Trump said of the bill. “I don’t know, but I like it conceptually, you know, Nancy Pelosi Become rich by having internal information. She and her husband made a fortune. I think this is shameful. So, in that sense, I want it, but I have to really see it. I know, I’ll look at these things very carefully, and it just happened. So I’ll take a look. But conceptually, I like it. ”

A source familiar with the negotiations on Wednesday told Fox News Numbers that Hawley negotiated with Democrats while putting Republicans in the darkness, citing multiple legislation that spans legislators’ desks, each with a different version of the ban. During the price increase, Hawley faced firm criticism from his Republican colleagues.

“I didn’t know we were voting,” Moreno said. “I haven’t read the mountains on paper sitting in front of me.”

House Republicans are closer to banning congressional stock trading

President Donald Trump said he supported Hawley’s ban on stock trading “conceptually”. (Jacquelyn Martin/AP photo)

senator Rick Scott, R-Fla, one of the wealthiest members of Congress. “I don’t know when it’s negative to make money in this country,” he said.

“I don’t mind anyone getting rich. I mind people getting rich when they’re here and trading stocks.”

After the hearing, reporters asked Hawley about criticism from his Republican colleagues.

He replied: “They don’t want to ban stock trading. I think it’s a mistake.”

The current Republican version of the stock trading ban passes the House relocation does not include the president and vice president.

Senator Rick Scott, one of Republicans, criticized Holly’s stock trading ban on Wednesday. (Reuters)

Hawley’s ban would prohibit legislators, the president, vice president and their spouses from holding, buying or selling stocks during their tenure. Office holders can invest in diversified mutual funds, exchange-traded funds or U.S. Treasury bonds during their tenure.

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If passed, the current legislator will have 180 days to comply with the legislation. Similarly, newly elected lawmakers must achieve compliance within 180 days of entering the office. The legislation will not apply to the Executive Office until the end of Trump and Vance’s term.