It has been a topical issue of late. The public has questioned stock trading by Congress men and women. The opinion tilts towards banning them from doing so. Now Congress is finally voting on the issue. This article is published by CNBC. Here is an excerpt:

House Speaker Nancy Pelosi and Democratic leaders have greenlighted a plan to craft legislation that would prohibit members of Congress from trading stock, after months of resistance to a ban by Pelosi, CNBC confirmed Wednesday.

At Pelosi’s direction, the House Administration Committee is working on drafting the rules, and the legislation is expected to be put up for a vote this year, likely before the November midterm elections.

In the Senate, several versions of a stock trading ban are under consideration, including one co-authored by progressive Democratic Sen. Elizabeth Warren of Massachusetts and Montana Republican Sen. Steve Daines.

Read the full article here.