Senate Democrats led by Jon Ossoff of Georgia and Mark Kelly of Arizona reintroduced legislation on Thursday that would ban stock trading by members of Congress.
The Ban Congressional Stock Trading Act would require members of Congress and their families to place stock portfolios in blind trusts or divest holdings.
“As Americans work hard to keep up with rising costs, the last thing they should have to worry about is whether their elected representatives are using inside information to make a quick buck. This isn’t rocket science: the only way to stop insider trading in Congress is to stop members of Congress from trading stocks. Period,” Kelly said in a news release.
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