Bipartisan group of senators reaches agreement on bill to ban lawmakers from trading stocks

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 53%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

A bipartisan group of four senators on Wednesday announced they have reached an agreement on legislation that would ban members of Congress from trading stocks.

A bipartisan group of senators has reached an agreement on legislation that would ban members of Congress from trading stocks. Sen. Josh Hawley, R-Mo., joined Democratic Sens. Gary Peters of Michigan, Jeff Merkley of Oregon and Jon Ossoff of Georgia on Wednesday to announce a compromise bill that would ban lawmakers from trading stocks. It will be introduced later this month in the Senate Homeland Security and Governmental Affairs Committee.

Congress should not be here to make a buck, Congress should be here to serve the people," Hawley said in announcing the deal. "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.

Three years ago, I introduced landmark legislation to ban stock trading by Members of Congress. Today, after helping lead years of intensive bipartisan negotiations, I can report progress toward this necessary reform," Ossoff said. "Georgians overwhelmingly agree: Members of Congress should not be playing the stock market while we make Federal policy and have extraordinary access to confidential information.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bipartisan Senate group unveils bill to bar stock trading by members of Congress - Live UpdatesUnder the legislation, members would be “immediately” banned from trading stocks upon its signature by the president while spouses and children of elected officials would be barred beginning in March 2027.
Source: politico - 🏆 381. / 59 Read more »

Senators strike bipartisan deal for a ban on stock trading by members of CongressNancy Pelosi dropped her resistance of a stock trading ban proposal in 2022, allowing the policy push to pick up steam on Capitol Hill.
Source: NBCLA - 🏆 319. / 59 Read more »

Senators strike bipartisan deal for a ban on stock trading by members of CongressNancy Pelosi dropped her resistance of a stock trading ban proposal in 2022, allowing the policy push to pick up steam on Capitol Hill.
Source: CNBC - 🏆 12. / 72 Read more »