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Senate sponsors, Sen Josh Hale, R-Mo. Sponsor of Senate, Sen Josh Hall, R-Mo. Along with, the Senate sponsor, Sen Josh Hale, R-Mo. A long -awaited stock trading ban was passed to send to the Senate floor.
Haley originally introduced the “Pelosi Act” earlier this year, but on Wednesday, the passed through the Digging Committee Markup process was the honest Act. Both pieces of law restrain all the members of the Congress and all the members of their spouse from the business stock, in the office, in addition to closing various flaws around direct trades. The significant difference between the two bills is that the honest Act also prevents the President and the Vice President from making trade while in the office. This provision will not be applicable until President Donald Trump and Vice President JD Vance Holiday Office after the Office.
On Wednesday morning, media reports claimed that the White House pushed back the provision when they caught it in the air, but Hale told Fox News Digital in an interview that he never heard any message from the administration and “definitely not Trump”. The committee was the only Republican to vote in favor of the Hale Bill, with former co-incumbent of the Pelosi Act, Sena Burney Moreno, despite R-Ohio, was also seated in the committee.
Trump reacted to the progress of the Hale Bill during a press conference on Wednesday. He reiterated his support for a Congress stock trading ban, but refused to support the law outright. He did not directly comment on the inclusion of the ban of top executive offices.
Stock trading in Mess Congress seems to be silent: ‘Nothing adds’
Sen Josh Hale. (Bill Clarke/CQ-Roll Call, Ink Getty Image)
“I like it ideologically,” Trump said about the bill. “I do not know about it, but I like it ideologically and, you know, Nancy Pelosi became enriched by being inside information. She created a luck with her husband. And I think it’s abusive. So, in that sense, I will like it, but I have to see it really. You know – I study these things very carefully, and it happened very carefully.
A source acquainted with Wednesday’s conversation told Fox News Digital that Halee interacted with Democrats keeping the Republican in the dark, citing several pieces of the law crossing the desk of MPs on Monday morning, saying that each had separate versions of the ban. Haley faced staunch criticism from its Republican colleagues during the markup process.
“I don’t know for whom we are voting for,” said Moreno. “I have not read the paper mountains that are sitting in front of me.”
House Republican Congress steps close to banning stock trading
President Donald Trump says that he supports the hole ban on “ideologically” stock trading. (Jacqueline Martin/AP Photo)
Sen Rick Scott, R-Fla., One of the wealthiest members in the Congress, commented, “I don’t know when this country became negative to earn money.”
“I don’t feel like being rich to anyone. I think people are getting rich here, while they are here and trade the stock,” Haley replied.
After the hearing, reporters asked Haley more widely about the criticism of their Republican colleagues.
“They don’t want to ban stock trading. I think it’s a mistake,” they replied.
The current GOP version of the stock trading ban is not included at the President and Vice President, which is leading through the House of Representatives.
Sen Ric was one of the Scott Republicans, who criticized Hale’s stock trading ban on Wednesday. (Reuters)
Hale’s ban will prevent MPs, President, Vice President and their spouse from keeping stock, purchasing or selling for a period of time in the office. Officers will be allowed to invest in various mutual funds, exchange-traded funds or US Treasury bonds while staying in the office.
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If passed, the current MPs will have 180 days to follow the law. Similarly, newly elected MPs should receive compliance within 180 days of entering the office. The law will not apply to executive offices by the end of Trump and Vance’s tenure.