Here’s how to ban congressional stock trading so politicians can’t cheat

In contrast, Sens. Jon Ossoff (D-Ga.) and Mark Kelly (D-Ariz.) introduced a stronger proposal, the Ban Congressional Stock Trading Act. It improves on the Trust In Congress Act, previously introduced by Rep. Abigail Spanberger (D-Va.), who was the first and most vigorous champion of a stock trading ban, and Rep. Chip Roy (R-Tex.). These plans would require members and their spouses to divest several types of assets or put them in blind trusts they don’t control, which would foreclose opportunities for insider trading.

By: Walter M. Shaub Jr., Liz Hempowicz