high
priority
priority
Stop insider trading in Congress
The “ETHICS Act” or “PELOSI Act” or “HONEST Act” (H.R.3388/S.1498), would prevent insider trading by members of Congress and their spouses by preventing them from owning investments that would create a conflict of interest.
There are several similar bills being considered (e.g. this one). However, unlike the other bills, the Senate version of this bill has already passed committee.
We must convince our representatives to pass this bill.
Status
This bill is being considered by both chambers at the same time:
- The House version (H.R.3388) is in the Committee on House Administration. They will decide whether the bill advances to a floor vote.
- The Senate version (S.1498) has passed Senate committee. Our Senators will vote on it next.
If both chambers pass the same version of the bill, it will be sent to the President. The President may try to veto the bill, but Congress can override that veto with a two-thirds majority.