#CongressTradingBan The proposed ban on stock trading by members of Congress aims to prevent insider trading and potential conflicts of interest. Here's what's happening ¹ ²:

- *Legislative Efforts*: Democratic lawmakers, including Rep. Alexandria Ocasio-Cortez and Rep. Chip Roy, have introduced bills to ban members of Congress from owning or trading stocks. The TRUST in Congress Act, reintroduced by Roy and Rep. Seth Magaziner, would require lawmakers to place investment assets into a qualified blind trust.

- *Rationale*: Proponents argue that members of Congress should not use sensitive information for personal gain, eroding public trust in government. House Minority Leader Hakeem Jeffries supports the idea, stating that lawmakers should not trade stocks while in office.

- *Key Provisions*: The TRUST in Congress Act would:

- *Require Blind Trusts*: Members of Congress, their spouses, and dependents would need to put certain investment assets into a qualified blind trust.

- *Define Covered Investments*: Securities, commodities, futures, and comparable economic interests would be considered covered investments.

- *Exemptions*: Widely held investment funds, like mutual funds, and US Treasury bills, notes, or bonds would not require blind trusts.

- *Bipartisan Support*: The TRUST in Congress Act has been endorsed by various advocacy groups, including the Project on Government Oversight and Citizens for Responsibility and Ethics in Washington.

The push for a trading ban reflects concerns about potential corruption and the need for transparency in government ¹.