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  5. Democratic Rep. Abigail Spanberger is calling for a new House hearing on stock trade ban legislation: 'We must continue the momentum'

Democratic Rep. Abigail Spanberger is calling for a new House hearing on stock trade ban legislation: 'We must continue the momentum'

Bryan Metzger   

Democratic Rep. Abigail Spanberger is calling for a new House hearing on stock trade ban legislation: 'We must continue the momentum'
  • Spanberger, a vocal proponent of a congressional stock trading ban, is asking for a hearing on it.
  • The Committee on House Administration previously held a hearing on the topic in April 2022.

Aiming to "continue the momentum" of last year's push to ban members of Congress from trading stocks, Democratic Rep. Abigail Spanberger of Virginia is asking the Committee on House Administration to hold a new hearing on the topic.

"We owe our constituents action," Spanberger wrote in a $4, asking for a hearing "with good governance experts to reexamine proposals banning Members of Congress, their spouses, and their dependent children from trading individual stocks while in office."

Her letter also references a report that $4 despite an overall downturn, as well as the $4 that mimic top lawmakers' stock trades.

Spanberger's bill, the $4, is co-sponsored by Rep. Chip Roy of Texas, one of the 20 House Republicans who initially did not support House Speaker Kevin McCarthy's bid. Roy now sits on the influential House Committee on Rules, which determines which legislation reaches the floor of the House.

Earlier this month, Spanberger and seven other House Democrats who've sponsored stock trade ban legislation $4 urging him to "act on your promise" to ban the practice.

Insider's $4 identified several different instances of potential conflicts of interest arising from stock holdings by members of Congress, and found that $4 during the previous Congress. Furthermore, $4 of the Stop Trading on Congressional Knowledge (STOCK) Act is minimal.

Momentum grew during the previous Congress for taking action on the issue, resulting in a $4.

But the resulting legislation, $4, was $4, resulted in an $4.

Now, reformers are holding out hope that McCarthy and the Republican-led committee will take up the issue.



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