Home / Press Releases / NEWS: Sen. Ossoff’s Bipartisan Bill to Ban Congressional Stock TradingPasses Key Senate Committee
- July 24, 2024
WATCH: Sen. Ossoff remarks in Committee Hearing
Sen. Ossoff, colleagues earlier this month announced new bipartisan agreement to ban Congressional stock trading
In 2022, Sen. Ossoff first introduced landmark legislation to ban stock trading by members of Congress
Washington, D.C.— In a historic step, U.S. Senator Jon Ossoff’s bipartisan bill to ban stock trading by Members of Congress today passed a key U.S. Senate committee.
Today, following years of leadership in Congress, Sen. Ossoff’s bipartisan bill to ban stock trading by Members of Congress passed the U.S. Senate Homeland Security and Governmental Affairs Committee (HSGAC) with bipartisan support — the first-time a Congressional Stock Trading ban has ever passed a U.S. Senate Committee.
Sen. Ossoff’s bipartisan bill now advances to the full U.S. Senate for consideration.
“This is a historic moment in efforts to reform the ethics laws that govern Congress. Georgians overwhelmingly agree that Members of Congress should not be playing the stock market while we legislate and while we have access to confidential and privileged information,”Sen. Ossoff said.“This is long overdue and necessary, and today we made historic progress passing my bipartisan bill out of Committee.”
Click here to watch Sen. Ossoff’s Remarks in Committee.
Sen. Ossoff has been leading efforts in Congress for years to ban Members of Congress from trading stocks.
Earlier this month, Sen. Ossoff, Chairman Gary Peters (D-MI), Sen. Josh Hawley (R-MO), and Sen. Jeff Merkley (D-OR),announcedthat HSGAC, on which Sen. Ossoff serves, would consider the bipartisan compromise in a hearing.
Sen. Ossoff, a former investigative journalist whose company exposed corruption around the world, has been leading efforts in Congress for years to ban stock trading by Members of Congress and has led by example.
In2022and again last year, Sens. Ossoff and Mark Kelly (D-AZ) introduced leading legislation to ban stock trading by Members of Congress.
Pollsrepeatedly find the majority of Americans, including Republicans, Independents, and Democrats, overwhelmingly support banning stock trading by Members of Congress.
Click hereto read Sen. Ossoff’s bipartisan legislation that passed Committee today.
# # #
Thank you
Your form has been received. Someone from our office will contact you when the next Congressionally Directed Spending (CDS) process begins. If your request needs immediate attention, please don’t hesitate to call our Washington, D.C. office or Atlanta office.
Thank you
Your form has been received. Someone from our office will get back to you as soon as possible. Please allow 5–7 business days to process a request. If your request needs immediate attention, please don’t hesitate to call our Washington, D.C. office or Atlanta office.
