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Tribune News Service
Tribune News Service
National
Justin Papp

Latest proposal to prohibit member stock trading adds executive branch ban

A bipartisan Senate bill introduced Wednesday would ban stock trading and individual stock ownership by members of Congress, executive branch officials and their families.

The measure, led by Sens. Kirsten Gillibrand, D-N.Y., and Josh Hawley, R-Mo., is the latest of several seeking to ban or limit stock trading by members as public scrutiny of the practice increases. Gillibrand called the bill “the most substantive bipartisan effort to date,” and vowed to work hard alongside Hawley to get it signed into law.

“Sunlight is the best disinfectant,” she said in a statement. “It is critical that the American people know that their elected leaders are putting the public first — not looking for ways to line their own pockets.”

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