Sen. Gillibrand, Sen. Hawley Introduce Bipartisan Legislation, “Ban Stock Trading Act,” To Prevent Members Of Congress, Executive Branch From Trading Stocks, Other Financial Assets
GILLIBRAND TO ANNOUNCE BIPARTISAN LEGISLATION TO BAN STOCK TRADING BY MEMBERS OF CONGRESS AND THE EXECUTIVE BRANCH
WASHINGTON, D.C. — Thursday, July 20th at 2:45 PM: U.S. Senator Kirsten Gillibrand will hold a video press conference to announce the introduction of her bipartisan legislation to ban stock trading by members of Congress, senior members of the executive branch, and their spouses and dependents. Between 2019 and 2021, a third of members of Congress traded stocks or other financial assets, and thousands of their stock trades posed potential conflicts of interest. Gillibrand’s bill would ban these trades and make sure elected leaders and senior federal officials are putting the interests of the American public first.
From the official Facebook page:
Senator Josh Hawley and I are introducing the #BanStockTradingAct, which would ban members of Congress, senior executive branch officials, and their immediate family members from holding or trading individual stocks.
This is the most substantive bipartisan effort to date to ban stock trading by members of Congress.
Banner Image: Ban Stock Trading Act Infographic. Image Credit – Sen. Gillibrand
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