and Republican Representative Brian Fitzpatrick, introduced the Restoring Faith in Government Act on Tuesday. The bipartisan bill would block members of Congress, as well as their spouses and dependents, from owning, trading or selling stocks.
"The ability to individually trade stock erodes the public's trust in government," Ocasio-Cortez said in a."When Members have access to classified information, we should not be trading in the stock market on it. It's really that simple." "As long as concerns about insider trading hang over the legislative process, Congress will never regain the trust of the American people," said Gaetz."Our responsibility in Congress is to serve the people, not hedge bets on the stock market."
GOP Representative Matt Gaetz, left, speaks during a press conference at the U.S. Capitol on March 28, 2023, in Washington, D.C. Democratic Representative Alexandria Ocasio-Cortez, right, participates in a TV interview at the Capitol on February 7, 2023. The two are receiving kudos for putting their political differences aside in supporting a bill that would prohibit members of Congress from trading stocks.
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AOC, Matt Gaetz introduce a bill to ban Congress from trading stocksAOC and Matt Gaetz introduce a bipartisan bill to ban Congress members from trading individual stocks
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