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Democrats release text of bill banning lawmakers, judges from trading stocks
The Hill ^ | 9/27+28/2022 | Mychael Schnell

Posted on 09/28/2022 4:19:58 PM PDT by Right Wing Vegan

In September, The New York Times published an extensive report that said 97 lawmakers or their family members traded financial assets in the past three years that could be conflicts of interest.

Pelosi — whose husband, Paul Pelosi, is a venture capitalist — was at first against the idea of a ban on lawmaker stock trading, but ultimately endorsed the push in February. A bipartisan group of House lawmakers put the topic back in the news earlier this month when it penned a letter to leadership asking for a vote on a bill reforming lawmaker stock trading.

Earlier this month, Pelosi said such a bill would likely come to the floor this month.

But time is running out.

The House reconvenes on Wednesday for the final three days of legislative business before the midterm elections. House lawmakers are scheduled to leave Washington on Friday and are not slated to return until after November.

Even if there is enough time to bring the bill to the floor, it is unclear that it has the votes to pass.

Punchbowl News reported earlier on Tuesday that House Majority Leader Steny Hoyer (D-Md.), who sets the schedule in the lower chamber, has expressed opposition to the ban on lawmaker stock trading.

(Excerpt) Read more at thehill.com ...


TOPICS: Government; News/Current Events
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Hope to hear from folks who know more about it...
1 posted on 09/28/2022 4:19:58 PM PDT by Right Wing Vegan
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To: Right Wing Vegan

To take effect 2044?


2 posted on 09/28/2022 4:21:28 PM PDT by DoughtyOne (I pledge allegiance the flag of the U S of A, and to the REPUBLIC for which stands.)
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To: DoughtyOne

Grandfather clause.

Sorry, Grandperson Pronouns He/Him....


3 posted on 09/28/2022 4:23:11 PM PDT by Rurudyne (Standup Philosopher)
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To: All

Banning lawmakers makes sense but why judges? That being said I wonder if you could really enforce the law even if it was passed .


4 posted on 09/28/2022 4:23:14 PM PDT by escapefromboston (Free Chauvin)
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To: Right Wing Vegan

Unlike the “Inflation Reduction Act”, congress should go for an honest naming structure for this bill.

Like…

The Pelosi Reduction Act…


5 posted on 09/28/2022 4:25:44 PM PDT by Magnatron
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To: Right Wing Vegan

Didn’t they pass something like this a few years ago then remove it when no one was looking ,LOL


6 posted on 09/28/2022 4:26:26 PM PDT by butlerweave
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To: escapefromboston
Banning lawmakers makes sense but why judges?

To get the judges to rule the whole bill unconstitutional.

7 posted on 09/28/2022 4:26:53 PM PDT by KarlInOhio (The government sees you as either livestock or pet. If things get bad they will eat their pets too.)
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To: Right Wing Vegan

Any increase in net worth of elected public “servants” should be taxed at 98%.


8 posted on 09/28/2022 4:30:55 PM PDT by ConservaTexan (February 6, 1911/June 14, 1944)
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To: Right Wing Vegan

Presume the text of the bill will exclude Democrats? Or what’s their out?


9 posted on 09/28/2022 4:33:31 PM PDT by Reno89519 (FJB. Respect America, Embrace America, Buy American, Hire American.)
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To: butlerweave

Didn’t they pass something like this a few years ago then remove it when no one was looking ,LOL

/\

Good memory, that’s exactly what they did.

This time there’s probably a micro dot fine print clause

( Gov employees exempt )


10 posted on 09/28/2022 4:40:50 PM PDT by cuz1961 (USCGR Veteran )
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To: Rurudyne

“:^)


11 posted on 09/28/2022 4:41:18 PM PDT by DoughtyOne (I pledge allegiance the flag of the U S of A, and to the REPUBLIC for which stands.)
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To: Right Wing Vegan

there is no way this gets passed.


12 posted on 09/28/2022 4:48:44 PM PDT by Jonny7797
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To: Reno89519

Only lawmakers? So lawmakers friends, family, business associates, bums, names from a phone book etc excluded.
All for show.


13 posted on 09/28/2022 4:50:13 PM PDT by whistleduck
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To: Rurudyne

Grand genetic material donor


14 posted on 09/28/2022 4:53:41 PM PDT by ConservativeInPA ( Scratch a leftist and you'll find a fascist )
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To: Right Wing Vegan

As if Democrats ever have or ever will obey laws.
Always remember their double-standard ‘standard’.


15 posted on 09/28/2022 4:54:30 PM PDT by Da Coyote
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To: DoughtyOne

Like NEVER


16 posted on 09/28/2022 4:58:38 PM PDT by Osage Orange
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To: ConservativeInPA

As I said the other day about recent California legislation: “Indigenous Person Pronouns She/Her Valley” just rolls off of the tongue.


17 posted on 09/28/2022 5:00:22 PM PDT by Rurudyne (Standup Philosopher)
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To: Da Coyote

Sheet D C the pubbies are in on it too..........


18 posted on 09/28/2022 5:01:03 PM PDT by Osage Orange
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To: Right Wing Vegan

Take the last four words off the title and it would be the best thing Democrats have ever done.


19 posted on 09/28/2022 5:09:29 PM PDT by packagingguy
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To: Osage Orange

Ooops, we passed it, but silly us, we forgot to put an
inception date in the bill.

“:^)


20 posted on 09/28/2022 5:13:14 PM PDT by DoughtyOne (I pledge allegiance the flag of the U S of A, and to the REPUBLIC for which stands.)
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