Senate blocks Republican bill restricting stock trades by US Congress members

Senate blocks Republican bill restricting stock trades by US Congress members

Democrats block measure they say didn’t go far enough – and was bundled with ‘poison pill’ voter ID rules

The US Senate on Wednesday blocked a Republican bill restricting stock trading by members of Congress, after Democrats refused to advance a measure they said would let lawmakers keep their portfolios and was bundled with voter ID rules they called a “poison pill”.

The 53-47 vote fell seven short of the 60 needed to open debate on the Stop Insider Trading Act , which the Republican-controlled House passed in July. Every Democrat and independent voted no, and the failure comes five weeks before the 3 November midterms. Continue reading...

Read the full story at theguardian.com

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