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www.axios.com

A bipartisan group of senators reached a deal Wednesday on legislation to ban stock trading by members of Congress, setting the bill up for action in the Senate later this month.

  • Montagge@lemmy.zip
    0·
    4 months ago

    From the article:

    The deal would immediately prohibit members of Congress from buying stocks and selling stocks 90 days after the bill is signed into law.

    It would also ban member spouses and dependent children from trading stocks starting in March 2027. Penalties for violating the law would either be the monthly salary of a lawmaker or 10% of the value of each asset they buy or sell.