Another Democratic lawmaker has violated a federal conflict-of-interest and transparency law by not disclosing a stock trade for weeks

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Another Democratic lawmaker has violated a federal conflict-of-interest and transparency law by not disclosing a stock trade for weeks - Business Insider

Quick Summary:

Lawmakers are sparring over whether to ban themselves from trading individual stocks with Democratic leaders having just released a new bill.

This marks the second time in 13 months that Perlmutter has failed to comply with the disclosure provisions of the Stop Trading on Congressional Knowledge Act of 2012.

But some good-government groups, as well as Democratic and Republican lawmakers alike who had previously floated stock-ban proposals of their own, panned the House leadership bill, which was introduced by House Committee on Administration Chairwoman Zoe Lofgren, a Democrat of California, and backed by House Speaker Nancy Pelosi.