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The Independent UK
The Independent UK
National
Andrew Feinberg

Gaetz and AOC join forces in calling for Congress stock trading ban: ‘The current rules are not working’

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A motley assortment of House members — including the chair of the Congressional Progressive Caucus, a member currently under federal investigation for alleged child sex trafficking, and a member who is under investigation for failing to report stock trades — are calling on House Speaker Nancy Pelosi and Minority Leader Kevin McCarthy to bring legislation banning members from owning or trading individual stocks to the House floor for a vote.

The group of 27 representatives, including Florida Republican Matt Gaetz and New Jersey Democrat Tom Malinowski, are urging Ms Pelosi and Mr McCarthy to “swiftly” take action on either the Ban Conflicted Trading Act or the TRUST in Congress Act, both of which would prohibit individual stock ownership and trading by member of the House and Senate.

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