Congressman Mike Levin on Banning Lawmakers From Stock Trading

Bipartisan Momentum for Stock Trading Ban

• 💡 Congressman Mike Levin is discussing the renewed effort to pass a bill that would ban lawmakers from trading stocks.
• 🎯 The Restore Trust in Congress Act has gained momentum, with proponents aiming for a floor vote by the end of the year.

Speaker Johnson's Role and Legislative Hurdles

• 📌 House Speaker Mike Johnson's stance is crucial, as he ultimately decides whether the bill goes through regular committee process or to a floor vote.
• ⏳ Levin anticipates that the government funding deadline and the Epstein matter discharge petition will likely take precedence in September and October.
• 🗓️ The timeline for a floor action on the stock trading ban is expected to be later in October, November, or December.

Path Forward for the Bill

• 🚀 Levin emphasizes the need to bring the bill to the floor for a vote by the end of the year to capitalize on current momentum.
• 💬 Discussions are ongoing with bill co-authors, including Seth Magaziner, to strategize the best approach for passage.