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Legislative Agreement: A group of House lawmakers from both parties has reached a consensus on a proposal aimed at prohibiting members of Congress from trading individual stocks, marking a significant step towards regulating this practice after over a decade of inaction.
Bill Details: The bipartisan bill is set to be introduced next week and includes provisions that allow current lawmakers and their families a 180-day period from the bill's enactment to divest from individual stocks, including those in blind trusts.
Future Lawmakers' Requirements: Newly elected lawmakers would be required to sell off their individual stocks within 90 days of being sworn into office, ensuring that future members adhere to the same standards.
