Two U.S. senators plan to introduce bipartisan legislation to ban lawmakers, executive branch officials and their families from trading and owning stock in individual companies, which they say has strong support from Americans.
New York Democrat Kirsten Gillibrand, who is sponsoring the legislation along with Republican Sen. Josh Hawley, told Morning Edition on Thursday she's standing behind the proposed bill because lawmakers have access to information that the public does not. If used improperly, she says, that could give lawmakers and their families an unfair advantage in the stock market.
