A cross -party group of legislators of the house revealed the legislation on Wednesday that the wound ban -stock trade of the congress and for their close family members of unsuccessful young applications to take such a place of reference.
“We have reached a turning point where the press is trained that the engines are trained for DEL Deny,” said Rep. Seth Magaziner (Dr. I.), to make a press conference in Capitol on Wednesday. “I can’t even describe when this problem appears in town halls and events across the country, people are going crazy.”
The “Restoration Transfer in the Congress Act”, which is supported by some of the most conservative members of the house and some of his Libal, combines several previous suggestions that have tried to prevent the MBSes of the congress of trade stocks.
Rep. Chip Roy (R-Texas) said the Bill of 16 Cosponsors took the “best elements” of earlier suggestions to create the latest IRIT.
“We are united and it has the best elements of the bills,” he said. “It is time for congress to act.”
“If you want a day trade, you leave the congress.
According to the drifted legislation, the legislators have determined that they have violated the proposal, if it has enacted law, have advantageous penalties of 10 percent of their value of their investment and that income would be violated.
Current Hemmler would have 180 days after staging to find their stocks or put them in a blind truth. Newly elected Hemmler would have 90 days to enable compliance. It applies to members, their spouses and all dependent children.
The legislation must exist and win the Senate and Whit House before it can be entered into force.
“We will get a vote,” said Roy about the house efforts. “This is a not permanent sentence.”
The measure only applies to members of the congress, so that it would affect people who serve in the administration of the president or in the judiciary.
Members of the house and the Senate have spent years with emphasizing the potential conflicts that can occur if legislators do stock businesses that have had insights into problems on the Capitol Hill that affect road prices.
“See that this is a message to our universities: you have acted so far and operated with the limits of the law and the rules and the regulations,” they report. Raja Krishnamoorthi (D-Till.) Said. “We don’t go to judge what you do, but now that this calculation comes to the ground – and we will make sure that we have the channel to get the users because congregress is not a casino at the end of the day.”
On Wednesday, legislators proposed on Wednesday to pursue a application for discharge by the end of the month, which will initiate the way for a flower tuning if the living do not quickly bring the invoice.
“We are very hopeful that this will be brought to the ground and we look forward to delivering it to the American people,” said Repa Paulina Luna (R-Fla.). “How can you ever expect you to report your voters if you are clearly worried about your PocketBook?”