Congressional stock trading ban must include spouses, lawmakers say [View all]
Source: The Hill
Any bill to prevent lawmakers from trading stocks must apply to their immediate family members, Reps. Abigail Spanberger (D-Va.) and Chip Roy (R-Texas), the authors of a stock trading ban proposal, said Friday.
Several stock trading proposals circulating through Congress omit lawmakers' spouses and dependent children, and Democratic leaders have warmed to the idea of a bill that extends a stock trading ban to senior congressional staffers but not spouses.
Spanberger and Roy, who are pushing a bipartisan stock trading ban with 50 co-sponsors that includes immediate family members, said that they would draw a "line in the sand" over the issue.
"To put forth a stock ban that only applies to members would be, as I would perceive it as an American ... kind of a slap in the face to the American people," Spanberger said during an event hosted by Issue One, the National Taxpayers Union and the Project on Government Oversight.
Read more: https://www.msn.com/en-us/news/politics/congressional-stock-trading-ban-must-include-spouses-lawmakers-say/ar-AAU2hbP?li=BBnbfcQ
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