09/03/2025

A Bipartisan Bill to Ban Lawmakers from Trading Stocks Is Unveiled in the House

For more than 10 years, a series of similar bills have been proposed

A bipartisan group of House members has unveiled new legislation that would ban lawmakers from trading individual stocks.

For more than a decade, a series of bills have been proposed to address such trades, but differences about the details and a lack of support from top congressional leaders stalled past reform efforts. But in announcing the new bill on Wednesday, a group of leading conservatives and progressives said the issue is ripe for action in 2025 and that they had agreed on a new plan.

Texas Republican Rep. Chip Roy and Rhode Island Democrat Seth Magaziner led the process of crafting the bipartisan effort to end lawmakers trading stocks. Roy told reporters on Wednesday that the bill was the result of years of negotiations aimed at addressing demands from voters worried about insider trading.

Please select this link to read the complete article from NPR.