U.S. House Passes Bill Limiting Congressional Stock Trading 232-198 on Wednesday

According to Politico, the U.S. House of Representatives passed the Stop Trading on Congressional Knowledge Act on Wednesday (July 23), with a vote of 232-198. The bill aims to restrict members of Congress and their families from buying and selling stocks. Thirteen Democratic representatives voted in favor despite some Democrats arguing the measure lacks sufficient enforcement power, as it does not require the sale of existing holdings. The bill will be submitted to the Senate for review.
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