Prohibition on Congressional Stock Trading
Official: Providing for consideration of the bill (H.R. 1908) to prohibit stock trading and ownership by Members of Congress and their spouses and dependent children, and for other purposes.
This resolution sets up the process for the House to consider a bill that would prohibit Members of Congress and their families from trading stocks.
This resolution provides for the consideration of the bill (H.R. 1908) to prohibit stock trading and ownership by Members of Congress and their spouses and dependent children, and for other purposes.
1. This resolution allows the House to discuss a bill that would ban stock trading by Members of Congress. 2. It waives all points of order against considering the bill, making it easier to debate. 3. The resolution includes a specific amendment that changes the title of the bill to 'End Congressional Stock Trading Act.' 4. Members of Congress and their families would need to divest from certain investments within set timeframes if the bill passes. 5. The resolution sets rules for debate, including one hour of discussion and one motion to recommit.
Members of Congress and their spouses and dependent children would be directly affected by this resolution.