House Dems to propose ban on lawmakers trading stocks: report ...Middle East

House Democrats will propose legislation early next month to ban lawmakers, their spouses and senior staff from trading stocks unless they put their assets in a qualified blind trust. Business Insider reported the legislation, to be introduced in September, would force them to divest their investment portfolio if the lawmaker, their spouse or a senior staff member chooses not to use such a trust. The bill would allow them to hold mutual funds. House Administration Committee Chair Zoe Lofgren (D-Calif.) told Business Insider they were "almost ready to move forward" on the legislation. The House has already introduced several other bills that would ban, prohibit or limit stock purcha

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