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US House passes congressional stock trading ban despite loophole concerns – TON BOT

US House passes congressional stock trading ban despite loophole concerns

The US House of Representatives passed the Stop Insider Trading Act by a 232-198 vote, sending the bill to the Senate. The legislation prohibits members of Congress from buying securities from publicly traded companies but allows them to retain existing stocks. Elizabeth Warren criticized the bill for leaving loopholes allowing lawmakers to sell stocks.


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