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one_voice

(20,043 posts)
Thu Feb 9, 2012, 11:47 AM Feb 2012

STOCK Act passed by House by vote of 417-2 [View all]

The House on Thursday joined the Senate in overwhelmingly approving a congressional insider-trading ban.

Now the question is whether the two chambers can make a deal — or whether they’ll find a way to stall over details and prevent a bill from reaching President Barack Obama’s desk

Both measures passed overwhelmingly — 417-2 in the House and 96-3 in the Senate last week — but the bills differ in some respects.

House Majority Leader Eric Cantor (R-Va.) had released several changes to the STOCK Act earlier this week that broadened the bill’s disclosure requirements and insider-trading ban to the executive branch and ensured that lawmakers convicted of a crime couldn’t collect their pensions.

*snip*

The two “no” votes Thursday were by Reps. John Campbell (R-Calif.) and Rob Woodall (R-Ga.)

Read more: http://www.politico.com/news/stories/0212/72670.html#ixzz1lu77GB00

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