Congress Tackles Insider Trading | Lincoln News

A new bill, the Stop Insider Trading Act, is making waves in Congress — aiming to ban lawmakers, their spouses, and kids from buying individual stocks in public companies. Passed by the House with a strong 232-198 vote, it now heads to the Senate, where Senator Pete Ricketts is pushing for swift approval. The law would require lawmakers to disclose any existing stock holdings before selling them within 7–14 days, restoring public trust after years of skepticism. Violations carry steep penalties: at least $2,000 or 10% of the investment’s value — whichever is higher. With the Senate’s decision looming, this could be a major step toward rebuilding integrity in Washington. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/57e6d63022075b86