#CongressTradingBan This week, U.S. Representative Emanuel Cleaver, II (D-MO) joined Reps. Seth Magaziner (D-RI) and Chip Roy (R-TX), along with 43 other lawmakers, in reintroducing the bipartisan Transparent Representation Upholding Service and Trust (TRUST) in Congress Act, which would effectively ban Members of Congress, their spouses, and dependent children from trading individual stocks. To reduce opportunities for insider trading among Members of Congress, the TRUST in Congress Act would require lawmakers and their immediate family to either divest from individual stock holdings or move their investments into a qualified blind trust during their entire tenure in Congress, ensuring they cannot profit off the nonpublic information provided to lawmakers.
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