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Kiplinger
Kiplinger
Business
Vaishali Varu

Lawmakers Call for Stock Trading Ban for Members of Congress

Alexandria Ocasio-Cortez and Matt Gaetz

A group of U.S. lawmakers — including the unlikely pairing of GOP Rep. Matt Gaetz (R-Fla.) and Democrat Rep. Alexandria Ocasio-Cortez, (D-NY), normally at opposite ends of the political spectrum — is pushing for a stock trading ban to be passed in a bill dubbed the Bipartisan Restoring Faith in Government Act, or the less catchy H.R. 3003 bill.

By passing the bill that would prevent members of Congress, their spouses and dependents from owning or trading stocks while in office, the group hopes to restore public faith in U.S. lawmakers. Or as Gaetz puts it, “We cannot allow the Swamp to prioritize investing in stocks over investing in our country.”

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