WASHINGTON — A bipartisan cadre of lawmakers speaking Wednesday at a Members Day hearing at the House Administration Committee sought to reignite efforts to tighten the rules for, if not entirely ban, the practice of stock trading among lawmakers.
It’s an issue that has led to a multitude of unsuccessful legislative attempts despite growing calls for change.
Scrutiny of members’ trades has increased since the outset of the COVID-19 pandemic, when reports emerged that lawmakers had traded ahead of a market crash after receiving briefings about the health crisis.