Schumer tanks popular insider trading ban in Dem effort to derail Republican’s agenda ahead of midterms

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Senate Democrats shut down Republicans’ bid to deal with two key issues for voters heading into the midterms.

Republicans tried and failed to pass a bill that would marry differing policy issues: banning lawmakers from using their insider knowledge to trade stocks and implementing voter ID policy nationwide — the latter of which the GOP has so far failed to accomplish with their SAVE America Act.

The Stop Insider Trading Act cruised through the House earlier this month, where a majority of House Democrats voted against it. Though voters are highly supportive of both, Democrats in the House and Senate argued...

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