A senior House Democrat, in a long-shot move to force a member stock-trading ban to the floor, said Tuesday he will launch a discharge petition after Republican leaders moved to sidestep bipartisan efforts to address the issue.
A GOP-written bill is expected to move through the House Administration Committee on Wednesday, and Rep. Joe Morelle of New York — the top Democrat on the panel — said he is “troubled” by that legislation, which would allow members to keep stocks they currently own.
“I’m also troubled by the notion that it’s being sold as a stock-trading ban — it is not that at all,” said Morelle, who is pushing alternative legislation…
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