US legislation to ban Trump from buying and selling shares is being opposed by … the White Home

Senator Josh Hawley’s (R-Mo.) proposed inventory buying and selling ban for lawmakers is changing into politically difficult for Republicans, because the White Home raises issues simply forward of a key committee vote on Wednesday, Axios reviews.

Hawley has agreed to broaden the invoice’s scope to incorporate the president and vp, along with members of Congress. This concession has prompted pushback from the White Home’s Workplace of Legislative Affairs, which is now actively objecting to the change.

The invoice, formally titled the Stopping Elected Leaders from Proudly owning Securities and Investments (PELOSI) Act, goals to ban lawmakers from buying and selling or holding particular person shares. The expanded model may now put the whole government department management underneath the identical restrictions.

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• Hawley’s inventory buying and selling ban sparks drama with White Home

This text was written by Aaron Cutchburt at investinglive.com.