Democratic Rep. Suzan DelBene's husband just sold up to $25 million in Microsoft stock. Whether she violated a federal conflict-of-interest law is up for dispute.
Lawmakers indeed have 45 days overall to disclose a stock trade that, say, was made on their behalf by a stock broker and they didn't learn about until days later, according to the STOCK Act. But "the law requires members of Congress to disclose stock trades within 30 days of knowing of the trade, and there are no exceptions," said Kedric Payne, general counsel for the nonpartisan Campaign Legal Center and former deputy chief counsel for the Office of Congressional Ethics, the US House's independent investigative body. "Voters have a right to full and prompt transparency of congressional stock trading under the law."
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