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Lawmaker urges passage of Stop Insider Trading Act, including voter ID requirement
Summary
On the House floor, a lawmaker urged passage of the Stop Insider Trading Act, a bill that would ban members of Congress from buying individual company stock and would add a photo ID requirement for federal elections; the lawmaker said the bill advances ethics and election integrity reforms.
A lawmaker on the House floor urged passage of the Stop Insider Trading Act, saying the bill would ban members of Congress from buying individual company shares and strengthen election integrity by adding a federal photo ID requirement.
The lawmaker argued that existing disclosure rules allow delays and lack key details, and that continuing to permit members to purchase individual stocks ‘‘removes even the appearance of impropriety.’’ The speaker called the measure "transformational congressional ethics reform" and said it is the first congressional stock trading ban to receive a House floor vote.
The bill, the lawmaker said, also includes a voter ID provision that the committee advanced. "To vote in a federal election, you need to show a photo ID," the lawmaker said, noting that "24 states already acquire a form of photo ID to vote" and that the bill would allow provisional voting for people who forget identification at the polls.
The lawmaker framed the combined measures as steps to "clean up Washington," saying photo ID requirements would "help strengthen election integrity, bolster voter confidence, and increase participation." The speaker urged colleagues to support the legislation and reserved the balance of their time.
No votes or formal amendments were recorded in the remarks provided; the lawmaker said the committee had advanced the measures but did not specify the committee record, amendment language, or a floor schedule in the transcript.
