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The Guardian - US
The Guardian - US
World
Joseph Gedeon in Washington

Senate blocks Republican bill restricting stock trades by US Congress members

Chuck Schumer points while standing at a lectern as a crowd of journalists stands nearby recording him with their phones
Chuck Schumer on Capitol Hill in Washington DC on Tuesday. Photograph: Evan Vucci/Reuters

The US Senate on Wednesday blocked a Republican bill restricting stock trading by members of Congress, after Democrats refused to advance a measure they said would let lawmakers keep their portfolios and was bundled with voter ID rules they called a “poison pill”.

The 53-47 vote fell seven short of the 60 needed to open debate on the Stop Insider Trading Act, which the Republican-controlled House passed in July. Every Democrat and independent voted no, and the failure comes five weeks before the 3 November midterms.

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