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.