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Democrats reintroduce congressional stock trading ban
- On May 27, 2025, U.S. Senators Mark Kelly and Jon Ossoff reintroduced legislation in Washington, D.C., aimed at prohibiting members of Congress from engaging in stock trading.
- This legislation responds to concerns about lawmakers using confidential information for personal gain while making federal policy, as public trust in Congress has eroded over insider trading.
- The bill requires Congress members, their spouses, and dependents to place stocks in blind trusts or divest holdings, aiming to prevent exploitation of insider information in trades.
- A survey conducted by the University of Maryland's Program for Public Consultation found strong support for the measure among Americans, with approval rates exceeding 80% across Democrats, Republicans, and Independents, indicating widespread bipartisan agreement.
- Advocates argue the ban would restore trust in Washington and prevent conflicts of interest, but whether it fully addresses insider trading remains to be seen.
12 Articles
12 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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