
Senators launch a cross-party effort to end stock trading by lawmakers
Senators from opposing parties are working together in hopes of finally banning members of Congress from trading stocks. Democratic Sen. Kirsten Gillibrand of New York and Republican Sen. Ashley Moody of Florida on Thursday are introducing a bill that would bar lawmakers and their spouses from trading or owning individual stocks. The push has broad public support and has received renewed interest in the House with bipartisan bills. House GOP leadership has instead backed a bill that advanced in committee on Wednesday that would prohibit members of Congress and their spouses from buying individual stocks but would not require lawmakers to divest from stocks they already own.