Warner Statement on Banning Members of Congress From Purchasing Individual Stocks

WASHINGTON – U.S. Sen. Mark R. Warner (D-VA) released the following statement on the Stop Insider Trading Act : “I strongly support cracking down on stock trading by members of Congress and making sure no public official can use their position to enrich themselves. “Preventing members of Congress from profiting off their public service should be something both parties can agree on. Unfortunately, Republicans made the cynical decision to hijack a bill focused on cleaning up congressional ethics and restoring public trust and load it up with unrelated restrictions on Americans’ ability to vote. Those provisions have nothing to do with preventing insider trading and no business being attached to this legislation. “I voted no because I will not support making it harder for eligible Americans to vote in order to pass an ethics reform that should stand on its own. I remain ready to work across the aisle to strengthen our ethics laws and crack down on congressional stock trading, without using that effort as a vehicle to rewrite our nation’s voting laws.” ###