US senators from both parties are again pushing for a law banning members of Congress from trading stocks. In a July 9 letter to House Speaker Mike Johnson and Democratic leader Hakeem Jeffries, a bipartisan group of 20 senators proposed amendments to the 2012 Stop Using Congressional Knowledge Trading Act to ban lawmakers from trading stocks.
Josh Hawley, US senator, told a news conference: "Congress should not be about making money. There is no reason for members of Congress to profit from information that is available only to them and not to other Americans.
U.S. senators reach agreement to ban lawmakers' stock trading
2024-07-12 03:12:31
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