Bipartisan group, including Gaetz and Ocasio-Cortez, unveil bill to ban lawmakers from owning stocks

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A bipartisan group of House lawmakers have unveiled a bill that would prohibit members of Congress from owning and trading individual stocks, a proposal aimed at restoring public trust by preventing lawmakers from profiting off insider information.

— Bipartisan Restoring Faith in Government Act

"The fact that members of the Progressive Caucus, the Freedom Caucus, and the Bipartisan Problem Solvers Caucus, reflecting the entirety of the political spectrum, can find common ground on key issues like this should send a powerful message to America," Fitzpatrick said in a statement.

Ocasio-Cortez said 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," she said.

 

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