Democrats Prepare Legislation to Ban Congressional Stock Trading
Democratic lawmakers are drafting a bill to prohibit members of Congress from trading individual stocks to reduce government corruption.
Democratic lawmakers are preparing legislation to ban members of Congress from trading individual stocks as part of a broader effort to reduce corruption in Washington. House Minority Leader Hakeem Jeffries stated that the initiative is intended to clean up the Congress, the executive branch, and the Supreme Court.
While the party aims for quick action in the coming year, lawmakers remain undecided on whether the ban will extend to the president. Including the executive branch could trigger opposition from Republican lawmakers or a veto from Donald Trump, who has actively traded stocks and resisted restrictions on his financial dealings during his time in office.