Overview

• Lawmakers from both parties proposed legislation to prohibit members of Congress and their families from owning or trading individual stocks.
• The bill aims to prevent conflicts of interest and increase public trust in government.
• Under the proposal, members of Congress would have to divest their stock holdings or place them in a blind trust.
• The bill is sponsored by Reps. Alexandria Ocasio-Cortez, Matt Gaetz, Brian Fitzpatrick, and Raja Krishnamoorthi.
• Previous efforts to curb congressional stock trading have stalled in Congress, though this proposal has received some bipartisan support.