#CongressTradingBan NEWS: Sen. Ossoff Announces Bipartisan Progress to Ban Congressional Stock Trading
July 10, 2024
Sen. Ossoff, colleagues today announced new bipartisan agreement to ban Congressional stock trading, with upcoming Committee vote later this month
In 2021, Sen. Ossoff first introduced landmark legislation to ban stock trading by members of Congress & placed his own stock portfolio into a blind trust
WATCH/DOWNLOAD: Sen. Ossoff remarks in Senate Press Conference
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Washington, D.C. — Following years of leadership in Congress, U.S. Senator Jon Ossoff today announced bipartisan progress to ban stock trading by members of Congress.
After leading intensive bipartisan negotiations, Sen. Ossoff today announced a bipartisan path forward to ban stock trading by members of Congress.
Sen. Ossoff, alongside Chairman Gary Peters (D-MI), Sen. Josh Hawley (R-MO), and Sen. Jeff Merkley (D-OR), announced the U.S. Senate Homeland Security and Governmental Affairs Committee, on which Sen. Ossoff serves, will consider the bipartisan compromise in a hearing later this month.
“Three years ago, I introduced landmark legislation to ban stock trading by Members of Congress. Today, after leading intensive bipartisan negotiations, I can report progress toward this necessary reform,” Sen. Ossoff said. “Georgians overwhelmingly agree: Members of Congress should not be playing the stock market while we make Federal policy and have extraordinary access to confidential information. We still have a long way to go to pass this bill, but today’s bipartisan announcement is a major step forward.”
Click here to watch Sen. Ossoff’s remarks at today’s press conference.
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Sen. Ossoff, a former investigative journalist whose company exposed corruption around the world, fulfilled his pledge to put his own stock portfolio in a blind trust in 2021 and has been leading efforts in Congress for years to ban stock trading by Members of Congress.