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AXIOS: White House is actively lobbying against a presidential stock trading ban
BlockBeats News, July 30th. According to AXIOS, the bill proposed by Republican Senator Josh Hawley to ban stock trading by members of Congress is becoming a major challenge within the Republican Party. Several sources revealed that due to opposition from Homeland Security Committee Chair Rand Paul, Hawley needs Democratic support to pass the vote scheduled for Wednesday. Therefore, Hawley has agreed to include language that would also prohibit the President and Vice President, expanding the scope of the ban beyond just members of Congress. Insiders stated that the White House Legislative Affairs Office has launched a counterattack upon learning of this, lobbying against the proposed stock trading ban.
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