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House unlikely to vote on congressional stock trade ban before midterms
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A bill that would ban members of Congress and others from trading stocks may have made progress with its introduction in the House on Tuesday, but it does not appear that lawmakers will take any further action on it before November’s midterm elections.
The House will only be in session and conducting votes on Thursday and Friday before members return home for work in their districts – as well as campaigning – and members are not scheduled to return until November 14, the week after Election Day. House Majority Leader Steny Hoyer, D-Md., told Punchbowl News that a vote on the stock bill is not likely to take place this week.
"Well, it was just introduced," Hoyer said. "I gotta look at it and see what it is."
Rep. Zoe Lofgren, D-Calif., who drafted the bill, told the outlet a failure to vote on the bill by Friday does not mean it has no future.
HOUSE DEMOCRATS INTRODUCE BILL TO BAN LAWMAKERS AND THEIR FAMILIES FROM TRADING STOCK