In a rare show of solidarity, an eclectic group of lawmakers including Rep. Alexandria Ocasio-Cortez. D-N.Y., and Rep. Matt Gaetz, R-Fla., announced a bipartisan bill restricting members of Congress from trading individual stocks.
Sponsored by GOP Reps. Gaetz and Brian Fitzpatrick, R-Pa., and Democratic Reps. Ocasio-Cortez and Raja Krishnamoorthi, D-Ill., the Bipartisan Restoring Faith in Government Act aims to block members of Congress, as well as their spouses and dependents, from trading individual stocks.
“The ability to individually trade stock erodes the public’s trust in government,” Ocasio-Cortez said in a statement. “When Members have access to classified information, we should not be trading in the stock market on it. It’s really that simple.”