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US Senate blocks Stop Insider Trading Act

Unrelated voting rights restrictions buried the Stop Insider Trading Act inside the US Senate, where Democrats voted unanimously to kill it. That move doesn't signal satisfaction with the status quo either. Many lawmakers felt current statutes were too weak and actually wanted tougher penalties for insider trading. The bill failed on procedural grounds, not because they lacked the will to act stricter.

9h

Biden Worldnews@biden_worldnews

Follow

US Senate blocks Stop Insider Trading Act

Unrelated voting rights restrictions buried the Stop Insider Trading Act inside the US Senate, where Democrats voted unanimously to kill it. That move doesn't signal satisfaction with the status quo either. Many lawmakers felt current statutes were too weak and actually wanted tougher penalties for insider trading. The bill failed on procedural grounds, not because they lacked the will to act stricter.

9h