AOC, Matt Gaetz introduce bipartisan bill banning Congress members from trading individual stocks

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

United States News News

United States United States Latest News,United States United States Headlines

An eclectic group of lawmakers, including Rep. Alexandria Ocasio-Cortez and Rep. Matt Gaetz, proposed a bipartisan bill to prevent members of Congress from trading individual stocks.

Cleo Capital managing director Sarah Kunst addresses concerns over lawmakers trading stocks and analyzes the lagging IPO market on 'Making Money.'

"The ability to individually trade stock erodes the public's trust in government," Ocasio-Cortez said in a statement. "When Members have access to classified information, we should not be trading in the stock market on it. It's really that simple." Rep. Matt Gaetz and Rep. AOC joined forces to introduce a bill to prevent members of Congress from trading stocks.

Fitzpatrick noted the rarity of common ground from often-opposing caucuses in the House of Representatives., 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.

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 US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States 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 »

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
Source: BusinessInsider - 🏆 729. / 51 Read more »

Matt Gaetz, AOC applauded for stocks bill partnership: 'Need more of this'Representatives Gaetz and Ocasio-Cortez set aside their political differences to co-sponsor a bill that would ban members of Congress from trading stocks.
Source: Newsweek - 🏆 468. / 52 Read more »