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Senator explains his bill to ban stock trading by members of Congress


//business-finance.news-articles.net/content/202 .. to-ban-stock-trading-by-members-of-congress.html
Published in Business and Finance on Tuesday, April 15th 2025 at 15:21 GMT by wjla   Print publication without navigation

  • WJLA is the local ABC affiliate for the greater Washington DC area. From our studios in Arlington, VA ABC7 covers national and local news, sports, weather, traffic and culture and carries entertainment and sports programming. WJLA serves Alexandria, Springfield, Annandale, Tysons, Reston, Ashburn, Centreville and Manassas, Virginia and Bethesda, Rockville, Gaithersburg, Silver Spring, Wheaton, Beltsville, Greenbelt, Bowie, College Park, Largo, Crofton, Annapolis, Hyattsville and Takoma Park, Maryland, and all the communities in between.

Senator Josh Hawley introduced a bill aimed at banning stock trading by members of Congress, their spouses, and dependent children, arguing that it's a conflict of interest for lawmakers to trade stocks while having access to sensitive information. In an interview with ABC7, Hawley emphasized the need for transparency and trust in government, stating that members of Congress should not be able to profit from their positions. He highlighted recent cases where members of Congress were investigated for potentially using insider information for stock trades. The bill, if passed, would require members to divest their stocks or place them in a blind trust within six months of taking office. Hawley's proposal has garnered bipartisan support, reflecting a growing concern over the ethics of congressional stock trading.

Read the Full wjla Article at:
[ https://wjla.com/news/connect-to-congress/interviews/senator-explains-his-bill-to-ban-stock-trading-by-members-of-congress ]

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