Stock-Trading Ban for Congress Hits Pushback From Right and Left
- Questions raised about how far to extend restrictions
- Pelosi says she will listen to what members want to do
The U.S. Capitol in Washington, D.C.
Photographer: Eric Lee/BloombergThis article is for subscribers only.
The fast-moving bipartisan drive to ban stock trading by members of Congress is hitting resistance with some lawmakers questioning its reach into their families’ business and whether it would discourage public service.
Progressive Democrats and conservative Republicans alike have been surfacing proposals with varying levels of restrictions from requiring securities be put in a blind trust to outright bans on ownership of individual stocks.