A congressional committee has postponed a hearing on banning congressional stock trading after its chairwoman says she has tested positive for COVID-19. The committee’s spokesperson, Peter Whippy, said Rep. Zoe Lofgren (D-Calif.) tested positive for COVID-19 and the committee will have to reschedule the hearing. At the present moment, there is no official reschedule date.
The hearing was set to examine the stock act and take up other proposals that would bar stock trading among sitting lawmakers and their families. The news comes after 58 members of Congress failed to properly report their financial trades as mandated by the Stop Trading on Congressional Knowledge Act of 2012, also known as the stock Act. In addition, criticism has clouded high-ranking Republican and Democrat lawmakers’ trades in recent years.
Some of these individuals include:
Senator Diane Feinstein (D-CA)
Senator Tommy Tuberville (R-AL)
Senator Roger Marshall (R-KS)
Senator Mark Kelly (D-AZ)
Rep Debbie Wasserman Schultz (D)
Rep. Kevin Hern (R)
Rep. Nancy Pelosi (D)
Rep. Dan Crenshaw (R)