The U.S. House of Representatives has passed a bill aimed at restricting members of Congress from purchasing and selling stocks. The legislation seeks to limit financial transactions by lawmakers but does not impose a complete ban on stock trading.
Described as a GOP-backed measure, the bill was tied to a federal voter identification measure, known as the SAVE Act. This linkage led to opposition from dozens of House Democrats, who rejected the combined legislation.
The approved bill represents an effort to address concerns regarding congressional stock trading. This is a developing story and will be updated as details emerge.
