A bipartisan group of 20 US senators has reached a new agreement on legislation that would ban all members of Congress from trading stocks.
A bipartisan group of United States senators has renewed efforts to push through laws that will ban members of Congress from trading stocks.
In a July 9 letter to House Speaker Mike Johnson and Democratic Leader Hakeem Jeffries, a bipartisan group of 20 senators proposed an amendment to the Stop Trading on Congressional Knowledge Act of 2012 to stop lawmakers from stock trading.
“Congress should not be here to make a buck,” said US Senator Josh Hawley at a press conference. “There is no reason why members of Congress ought to be profiting off of the information that only they get and the rest of the American people don’t get.”
