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Bills Summarized:

Ban Congressional Stock Trading Act

Sponsorers:

Sen. Jon Ossoff (D-GA) and Sen. Mark Kelly (D-AZ)

Covered Persons:

Legislators, their spouses, and dependent children

Covered Asset Requirements:

Must put their stocks, mutual funds, and government bonds into a blind trust managed by an independent party for the duration of their congressional career

Punishment:

A fine equivalent to the member’s entire congressional salary

Banning Insider Trading in Congress Act

Sponsorer:

Sen. Josh Hawley (R-MO)

Covered Persons:

Legislators and their spouses

Covered Assets Requirements:

Cannet possess or trade options or individual stocks

Punishment:

Fine determined by an ethics committee

Ethics Reform Act

Sponsorer:

Sen. Ben Sasse (R-NE)

Covered Persons:

Members of congress

Covered Asset Requirements:

Cannet possess or trade options or individual stocks

Punishment:

A mix and match combination of five years in prison and a million dollar fine. Up to the judge.

Ban Conflicted Trading Act:

Sponsorers:

Rep. Raja Krishnamoorthi (D-IL) and currently has 51 co-sponsors, ranging from Rep. Alexandria Ocasio-Cortez (D-NY) to Rep. Matt Gaetz (R-FL)

Covered Persons:

Members of Congress and their senior Staff

Covered Asset Requirements:

Cannot actively trade stocks

Punishment:

Punishment, a fine equivalent to 10% of the value of the traded stocks

Congressional Stock Ownership Act

Sponsorers:

Sen. Elizabeth Warren (D-MA) and Sen. Steve Daines (R-MT)

Covered Persons:

Lawmakers and their spouses

Covered Asset Requirements:

Cannot possess individual stocks

Punishment:

A $50,000 fine