‘A Clown Show’: GOP Sen Teams Up With Dems To Advance Stock Trading Ban
A bipartite group of senators advanced the legislation on Wednesday morning which would impose new restrictions on the legislators, the president and vice -president of negotiating or holding individual actions – on the fierce objections of most of the Republicans of the Senate of the Panel.
The Missouri Republican Senator, Josh Hawley, voted with the Democrats of the Senate 8 to 7 to adopt the prohibition of negotiation of the proposed actions of the Senate Committee for Internal Security and the Government. The majority of the Panel Republicans were vigorously opposed to the effort, arguing that he was unjustly aimed at the rich and raped to President Donald Trump and the authority of the vice -president JD Vance – despite the measure of the size of an exception for the current administration. (Related: meet the 9 legislators who exceeded Nancy Pelosi on the stock market last year)
“We have the opportunity here today to do something that the public wants us to do for decades, and it is to prohibit the members of the Congress from taking advantage of the information that, frankly, only the members of the congress have during the purchase and the sale of actions,” said Hawley during the debate on the prohibition of proposed actions. “”[Eighty-six percent] Americans say that members of the Congress should not be able to buy and sell shares, individual actions, while they are members of this organization, and they are absolutely correct. »»
Washington, DC – June 02: American senator Rick Scott (R -FL) speaks to the press after voting on the appointment of Michael Duffey to be under defense secretary for the acquisition and maintenance of maintenance on June 02, 2025 in Washington, DC. The senators returned to Capitol Hill on Monday after the recreation of the Memorial Day holidays. (Photo by Kayla Bartkowski / Getty Images)
“This idea that we are going to attack people who earn money are false,” said Florida Republican Senator Rick Scott during the measurement debate. “We have to cherish all our different horizons.”
“I think it’s disgusting what’s going on here,” continued Scott. “I fully agree with you – we must prevent people from exchanging actions, but it’s very different. It is an attack on the president, an attack on the vice-president. ””
Legislators and American as have called has to forbid Actions are negotiated for years. Hawley’s legislation, the law on pelosi – that he reintroduce In April – was appointed according to the former Democrat lecturer Nancy Pelosi, who faced allegations In the past for having used initiate crimes to bring millions of dollars. Pelosi said trading was only carried out by her husband. The couple’s net value would have more than $ 400 million.
🚨 daily White House correspondent @REGANREEE_: “Senator Hawley has presented legislation that prohibits the members of the congress from negotiating or holding individual actions. It would also extend to the president and the vice-president. Are you in favor of this legislation?”
Close.… pic.twitter.com/ccrutnus4D
– daily caller (@dailCaller) July 30, 2025
“People see people like Nancy Pelosi becoming dirty and they are upset, right? Because they see their own life getting worse,” the republican senator from Ohio Bernie Moreno said to the DCNF after the vote. “I don’t think they are jealous of people who are rich. I think what they see, how did you take your work and monetized at this level? So it’s a bit grotesque.”
Moreno, the original co-sponsor of the legislation, told the DCNF that although the prohibition of the exchange of action is vital, the audience of the committee was a “circus” and “not seriously legislative”, because the legislators were not informed of drastic increases that the legislation had suffered before the hearing.
“I did not have [legislative] SMS until my entry. And then Gary Peters himself says: “Everything we have done are technical changes”. I highlighted page four, page five, to a lot of red lines and markings. He didn’t even know. Gary Peters therefore voted on his own bill and did not even know what was there, “Moreno told DCNF.
Michigan Democratic Senator Gary Peters, the best democrat of the committee, told the DCNF that he had appreciated the opportunity to work with Hawley in a bipartite way, saying that legislators had made “progress”.
Michigan Democratic Senator Elissa Slotkin did not seem delighted to exempt the Trump administration from the bill, she told journalists that she was “ready to do the right job instead of waiting for the perfect”.
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