Rep. Susie Lee (D-NV) voted Wednesday for legislation barring members of Congress from trading individual stocks, days after renewed scrutiny of her family’s sale of casino shares weeks before the stock dropped sharply.
The House passed the Stop Insider Trading Act 232 to 198, with Lee being one of 13 Democrats who joined every Republican in favor.
The bill blocks lawmakers, their spouses, and dependent children from buying individual stocks while in office. It does not force them to sell what they already hold, and it allows them to unload those shares after filing public notice seven to 14 days in advance. New purchases are covered. Sales of…
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