Washington, Oct. 9 -- Congresswoman Bonnie Watson Coleman issued the following press release:
Today, Congresswoman Bonnie Watson Coleman (NJ-12) voted to reject a Speaker Johnson-endorsed measure that purported to ban members of Congress from trading stocks but in fact failed to address insider trading.The so-called "Stop Insider Trading Act," which has been promoted as a ban on stock trading by members of Congress, fails to actually end the ownership or sale of stock by members.The American people deserve to be confident that their members of Congress do not trade stocks held in industries they oversee nor profit from insider information on upcoming legislation or regulations of those industries.The bill, H.R. 7008, which has been endorse...