News Formal

AOC, Matt Gaetz introduce a bill to ban Congress from trading stocks

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Ireland News News

AOC and Matt Gaetz introduce a bipartisan bill to ban Congress members from trading individual stocks

A rare show of bipartisanship was on display in Washington, D.C. on Tuesday as Democrat Alexandria Ocasio-Cortez and Republican Matt GaetzThe Bipartisan Restoring Faith in Government Act would prohibit Congress members and their spouses and any dependents from trading individual stocks. The bill was co-sponsored by AOC and Gaetz, as well as US House representatives Brian Fitzpatrick and Raja Krishnamoorthi.

"The ability to individually trade stock erodes the public's trust in government. When Members have access to classified information, we should not be trading in the stock market on it. It's really that simple," AOC said in the statement.

 

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:

 /  🏆 729. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

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

AOC, Matt Gaetz team to push bill banning Congress members from owning, trading stocksThree US House lawmakers spanning the partisan divide have introduced a bipartisan bill to ban all stock trading for members of Congress.
Source: nypost - 🏆 91. / 67 Read more »