Washington – Republican Sen of Missouri.
In 8-7 votes, Hole and Senate Democrats on the US Senate Committee on Homeland Security and Government Affairs Voted The law out of the committee is voting against it with all other Republicans on the committee. It is not yet clear whether the law, which was introduced by Hale, will receive a floor vote in the Republican-controlled Senate.
“I practice what I preach,” Hale said in a strange exchange with fellow Republican on the panel. “I don’t have personal stock, I do not trade in stock. I am not a billionaire unlike others in this committee. And what I think, American people are sending us a clear message.”
Republican Sen Rick Scott, who was not born rich, but now there are hundreds of million dollars according to his public filing, he said that he agrees that MPs should not have stock. But he defended the ability of Congress members to be rich, and said attacks on the rich “disgusting”.
“He referred to Arabs, okay?” Scott said about Hale. “I don’t know when this country has become negative to earn money. But somehow, if you have earned money, you are allegedly – I think Senator Hale suggests – you should not serve, because you can trade stock.”
“Nobody wants to be poor? I am not.” Scott continued. “Okay? So the idea is that we are going to attack people because they make money. Is it wrong. Is it absolutely wrong. We should cherish all our different backgrounds. … So, I think it is disgusting what is happening here.”
Some Republicans of the Senate Homeland Security Committee stressed that Blind Trusts are sufficiently restrictive. But Haley said that the blind trusts are “often workarounds”, and members can still affect the decisions.
Leaders who prevent laws from owning securities and investments are stopped, or Pelosi actFor former house speaker Nancy Palosi, whose financial revelations are included in large quantities store Bought by her husband, Paul Pelosi. This remedy will prevent Congress members and their spouse from keeping personal stocks, which will give them 180 days to sell their shares. Members will also have to supply their home or Senate Ethics Committee with written certification of compliance each year, and the Government Accountability Office will conduct an compliance audit every two years.
Haley also said that the law would ban the next president and vice -president from keeping or doing personal shares while in office, meaning that the law will not affect President Trump. A reporter asked the President if he supports the Halli Bill.
“Well, I like it ideologically,” said Mr. Trump. “I don’t know about it. But I like it ideologically.”
Hale started a similar law in 2023, but it did not exclude it from the committee.
Is more restrictive than proposed measures Stock actFor which MPs and senior government officials including the President and Vice President need to disclose their stock trades and are banned from doing business on learning information during their public service.
After the vote of the committee, Hale wrote on X that the law should come on the floor of the Senate “Now.”
