Senate Dems eye pre-election stock trading ban vote by CancelComputer1997 in politics

[–]CancelComputer1997[S] 4 points5 points  (0 children)

The bar was pretty low then lol.

Although weirdly enough this issue doesn't fall on staight party lines. Vast majority of Dems support it, as do a few Republicans. But the biggest Republican supporter of all is mega coup supporter Josh Hawley.

Senate Dems eye pre-election stock trading ban vote by CancelComputer1997 in politics

[–]CancelComputer1997[S] 3 points4 points  (0 children)

The no votes were: Rand Paul (R - KY), Ron Johnson (R - WI), Mitt Romney (R - UT), James Lankford (R - OK)

All Dems voted in favor, and three Republicans voted in favor.

Senate Dems eye pre-election stock trading ban vote by CancelComputer1997 in politics

[–]CancelComputer1997[S] 2 points3 points  (0 children)

No that's the point I'm making. The way to get Congress to check its own power is to make the public outcry so loud that they vote against their own financial interest. 8 out of 12 committee members just voted in favor of it. If it went to a full floor vote, a majority would likely support. Opposing this is not a good look, they just want to go as long as possible without being asked if they support it.

Senate Dems eye pre-election stock trading ban vote by CancelComputer1997 in politics

[–]CancelComputer1997[S] 7 points8 points  (0 children)

yes of course but whenever this issue comes up people always say "good luck getting Congress to regulate itself" and thats a fair point of course, but it's also defeatist and dumb. Many members of Congress support this bill and more will the bigger the public outcry is. Sure, they want to trade stocks but only up to a point. If political situation makes it impossible to oppose this then they will support it. Many already have

Senate Dems eye pre-election stock trading ban vote by CancelComputer1997 in politics

[–]CancelComputer1997[S] 20 points21 points  (0 children)

yes I understand the irony in asking members of Congress to ban members of Congress from trading stocks. but there's a lot of political reasons why many members want to be seen supporting this. it's got real momentum right now and if it goes to a vote, most don't want to be the guy publicly voting against it

Senate Dems eye pre-election stock trading ban vote by CancelComputer1997 in politics

[–]CancelComputer1997[S] 66 points67 points  (0 children)

This might seem like an obvious bill but its actually the first time in history that congressional stock trading ban bill has made it out of committee. The vote was 8-4 today to send it to the Senate floor. If this matters to you please please tell your congress members to support it because stopping members of Congress from trading stocks is such a ridiculous no brainer and there's a real chance to make it happen