Bipartisan Senate group proposes ban on congressional stock trading by 2027, with penalties for violations.
Bipartisan Senate group proposes ban on congressional stock trading; members of Congress, spouses, and dependent children would face penalties for trading stocks, as well as restrictions on lawmakers’ investments by 2027. Legislation, introduced by Sens. Jon Ossoff (D-Ga.), Gary Peters (D-Mich.), Jeff Merkley (D-Ore.) and Josh Hawley (R-Mo. ), would prohibit trading stocks and certain other investments, and impose similar restrictions on lawmakers’ spouses and dependent children. Members of Congress would face fines for violation of new rules.
July 10, 2024
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