Congress to Ban Insider Trading: A Step Towards Transparency
Update: 2025-11-11
Description
On November eleventh, a significant development emerged regarding a proposed ban on insider trading by members of Congress. Representative Anna Paulina Luna of Florida announced that Speaker Johnson has committed to marking up a bill to ban insider trading as soon as the government reopens. This move is being hailed as a major victory for transparency and public trust. The proposed legislation, known as the Restore Trust in Congress Act, aims to prohibit members of Congress, their spouses, dependent children, and trustees from owning, buying, or selling individual stocks, securities, commodities, or futures. This bipartisan effort reflects a growing consensus across the political spectrum that such a ban is necessary to restore public confidence.
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