Representative Anna Paulina Luna filed a discharge petition on Tuesday to force a House vote on banning individual stock trading by members of Congress, escalating a long-running push for stricter ethical rules. The move compels lawmakers in both parties to take a formal position as bipartisan negotiations over insider-trading reforms stall.
- Luna said she acted after political delays, despite both Speaker Mike Johnson and Minority Leader Hakeem Jeffries acknowledging that congressional stock trading is a serious concern.
- A successful discharge petition would force floor consideration regardless of leadership objections, requiring 218 signatures.
- Luna framed the petition as a bipartisan effort and urged support from all caucuses.
- The renewed push follows several recent bipartisan proposals to strengthen or overhaul the STOCK Act.
- Luna has been publicly advocating for a trading ban throughout the year, joining members such as Reps. Chip Roy and Abigail Spanberger who have introduced similar legislation.
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Editor’s Note: This is a developing story. This article may be updated as more details become available.