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House Passes Bill on Lawmakers Using Insider Information for Stock Trading

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Cointelegraph Staff
(08:05 PM UTC)
1 min read
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Updated byOlivia Bennett
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The US House of Representatives has passed a bill that would ostensibly prohibit members of Congress, their spouses and dependent children from purchasing publicly traded stocks.

In a 232-198 vote in the House on Wednesday, lawmakers approved the Stop Insider Trading Act, sending the bill to the Senate for consideration. Representative Bryan Steil, the Wisconsin lawmaker who sponsored the bill, sa…

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