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Democrats reintroduce congressional stock trading ban
- On May 24, 2025, Senators Mark Kelly and Jon Ossoff introduced legislation aimed at prohibiting members of Congress from buying and selling stocks while in office.
- They introduced the bill due to concerns that legislators, who possess privileged insider knowledge while shaping federal policies, might engage in insider trading.
- The bill mandates that all members of Congress, along with their spouses and dependent children, must either place their stock holdings into an approved blind trust or sell them to prevent profiting from insider information.
- A survey by the University of Maryland found 86% of Americans, including 88% of Democrats and 87% of Republicans, support this ban, as Kelly said it would help restore trust.
- The Act aims to end stock trading by lawmakers to reduce public distrust and the appearance of impropriety, reflecting bipartisan calls for common-sense reform.
10 Articles
10 Articles
Democrats reintroduce congressional stock trading ban
Sens. Jon Ossoff (D-Ga.) and Mark Kelly (D-Ariz.) on Thursday reintroduced their bill to prohibit members of Congress from trading individual stocks. The Ban Congressional Stock Trading Act would require members, their spouses and their dependent children to place their stocks into a qualified blind trust or divest the holding. The ban would not apply…
Kelly Reintroduces Legislation to Ban Congressional Stock Trading
Washington, D.C. — U.S. Senators Mark Kelly (D-AZ) and Jon Ossoff (D-GA) have reintroduced the Ban Congressional Stock Trading Act, a bill aimed at curbing potential conflicts of interest by prohibiting members of Congress and their families from trading individual…
Calls to prohibit members of Congress from trading stocks gain traction
When Rep. George Whitesides, D-Agua Dulce, ran for office last year, he said he’d work to ban members of Congress from trading individual stocks as a way to curb potential insider trading. In March, the freshman congressmember from Los Angeles County sold off all 34 of his individual stock holdings. “I sold all my individual single stock holdings because it’s the right thing to do,” Whitesides said in a recent interview. “Congress people shouldn…
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