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Senate adopts amendment to bar members and immediate family from trading on pending measures

2308223 · February 13, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Senators approved a rule extending prohibitions on trading based on legislative information to immediate family members and on sales intended to avoid losses.

The Senate adopted an amendment expanding a proposed ethics rule to prevent senators and their immediate family members from trading on information about pending legislation. The proposal, offered by Senator John F. Keenan, extended the existing prohibition—previously phrased as a restriction on purchases when a measure affecting a corporation was pending—to also cover sales…

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