Conservative
Type 40
House Passes Insider Trading Bill | Fox News
good for them.
The House passed a bill banning Congress and executive branch officials from insider trading, but brushed aside a provision aimed at reining in those who pry financial information from Congress and sell it to investment firms.
Thursday's 417-2 vote likely sends the legislation to a House-Senate conference, where supporters of the tougher regulation will try to restore the proposal that was included in the version passed by the Senate. Voting against the bill were Reps. John Campbell, R-Calif. and Rep. Rob Woodall, R-Ga.
The House bill accepted Senate language that would require lawmakers to disclose all their mortgages, ending an exemption for loans on personal residences. And the House legislation vastly expands the list of felony convictions that would require lawmakers to be ineligible for their government pensions.
good for them.