Punchbowl News: “House Democrats’ new bill to ban stock trading will be expansive, applying to members of Congress, their spouses and dependent children, senior aides, federal judges including the Supreme Court, and senior executive branch officials.”
“Lawmakers, judges and all other government officials covered by the ban will have to choose between divesting their investment portfolios or putting their assets in a qualified blind trust. Members of the judicial branch will have to file more detailed financial disclosures, as we reported was under consideration.”
But the key takeaway: “The House leadership doesn’t currently have the votes to pass the bill given the number of rank-and-file Democrats who are actively opposed.”
