Sen. Josh Hawley drafts bill to ban members of Congress from insider trading

Sen. Josh Hawley drafts bill to ban members of Congress from insider trading


Sen. Josh Hawley, R-Mo., proposed legislation on Wednesday that would ban members of Congress from insider trading.

If passed, the bill dubbed the “Banning Insider Trading in Congress Act,” would outlaw legislators and their spouses from holding, buying, or selling individual stocks.

However, members would still be allowed to invest in mutual funds, exchange-traded funds, or Treasury bonds.

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Republican Sen. Josh Hawley proposed legislation that would ban members of Congress from buying, holding, or selling stocks.

“It’s time to stop turning a blind eye to Washington profiteering,” Hawley wrote in a statement on Wednesday.

Hawley’s proposal comes days after a similar bill was proposed by first-term Sens. Jon Ossoff, D-Ga., and Mark Kelly, D-Ariz.

In Ossoff’s and Kelly’s proposal, new members

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