Bipartisan Lawmakers Make New Efforts to Ban Congressional Stock Trading

A bipartisan group of lawmakers is making a new push to ban members of Congress from private stock trading.

It’s an attempt to “demonstrate that lawmakers are focused on serving the interests of the American people — not their own stock portfolios,” Rep. Abigail Spanberger, a Virginia Democrat, said in reintroducing the measure along with Texas Republican Rep. Chip Roy.

After failing to get a floor vote when last introduced in 2021, the “TRUST (Transparent Representation Upholding Service and Trust) in Congress Act,” gained increasing support across the political spectrum in 2022 with 75 cosponsors, and its backers say that the number will grow even larger this time around.

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