GOP Rep. Anna Paulina Luna moves to force vote on banning stock trading by members of Congress
Source: CBS News
December 2, 2025 / 3:37 PM EST
Washington Rep. Anna Paulina Luna on Tuesday followed through on a monthslong threat to try to force a vote on a bipartisan bill that would ban members of Congress from trading individual stocks. Luna, a Florida Republican, introduced a discharge petition to circumvent House leaders and put the measure on the floor for a vote if it receives 218 signatures. The procedural maneuver has become a common tactic for rank-and-file lawmakers to try to force a vote on issues ignored by Republican leaders.
The congresswoman had threatened to file a discharge petition if there wasn't movement on the Restore Trust in Congress Act by the end of September. But the push for a vote was stalled by the 43-day government shutdown that began on Oct. 1. House Speaker Mike Johnson, a Louisiana Republican, kept the House out of session during the shutdown, putting all committee hearings and markups of legislation on hiatus.
Dozens of House lawmakers across the political spectrum have coalesced behind the Restore Trust in Congress Act, which would prohibit members of Congress, their spouses and dependent children from owning or trading individual stocks. The compromise bill was introduced by Republican Rep. Chip Roy of Texas in September and has the support of more than 100 members, including progressives, conservatives and moderate Republicans and Democrats.
But the bill is also facing bipartisan opposition, according to its cosponsors, who spoke to reporters ahead of a Nov. 19 hearing before the House Administration Committee about congressional stock trading. "There are members in both parties who do not want this to happen, who are in the ear of leadership, who are trying to stop this from happening," Democratic Rep. Seth Magaziner of Rhode Island said.
Read more: https://www.cbsnews.com/news/congress-stock-trading-ban-discharge-petition-anna-paulina-luna/
rpannier
(24,823 posts)Firestorm49
(4,489 posts)Buddyzbuddy
(1,975 posts)why the hell isn't every damn Democrat backing this. It's the right thing to do. I won't support anybody that doesn't support this anticorruption bill.
STOP USING YOUR POSITION TO GET RICH OFF THE AMERICAN VOTERS.
Just because you can take advantage, doesn't mean you should.