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Congressional Trading in 2021

BarnacleBob

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Legalised corruption & insider trading.

 

gnome

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Bills from both sides of the aisle that will go nowhere:

Ossoff, Hawley introduce bills that would ban lawmakers from trading stocks​

https://www.cnn.com/profiles/daniella-diaz
By Daniella Diaz, CNN

Updated 11:34 PM ET, Thu January 13, 2022

At left, Sen. Jon Ossoff of Georgia, and at right, Sen. Josh Hawley of Missouri.
(CNN)Two senators from different sides of the aisle have both introduced similar bills that would ban lawmakers and their families from buying and selling stocks while in office.
Democratic Sen. Jon Ossoff of Georgia introduced a bill this week with fellow Democratic Sen. Mark Kelly of Arizona called the Ban Congressional Stock Trading Act, which would require lawmakers, their spouses and dependent children to place their stock portfolios into blind trusts. If passed, the legislation would not allow lawmakers to use inside information to trade stocks and make money.
Republican Sen. Josh Hawley of Missouri introduced a very similar bill Wednesday called the Banning Insider Trading in Congress Act, which would also ban lawmakers from trading stocks while in office.
There are some key differences between the two proposals: Ossoff's legislation would apply the ban to any dependent children in addition to the spouses, while Hawley's bill would not. Also, Ossoff's legislation would have the congressional Ethics Committee oversee the issue, while Hawley's bill would have the Government Accountability Office audit.

https://www.cnn.com/2022/01/13/poli...h-hawley-ban-stocks-trading-office/index.html
 

Thecrensh

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Bills from both sides of the aisle that will go nowhere:

Ossoff, Hawley introduce bills that would ban lawmakers from trading stocks​

https://www.cnn.com/profiles/daniella-diaz
By Daniella Diaz, CNN

Updated 11:34 PM ET, Thu January 13, 2022

At left, Sen. Jon Ossoff of Georgia, and at right, Sen. Josh Hawley of Missouri.
(CNN)Two senators from different sides of the aisle have both introduced similar bills that would ban lawmakers and their families from buying and selling stocks while in office.
Democratic Sen. Jon Ossoff of Georgia introduced a bill this week with fellow Democratic Sen. Mark Kelly of Arizona called the Ban Congressional Stock Trading Act, which would require lawmakers, their spouses and dependent children to place their stock portfolios into blind trusts. If passed, the legislation would not allow lawmakers to use inside information to trade stocks and make money.
Republican Sen. Josh Hawley of Missouri introduced a very similar bill Wednesday called the Banning Insider Trading in Congress Act, which would also ban lawmakers from trading stocks while in office.
There are some key differences between the two proposals: Ossoff's legislation would apply the ban to any dependent children in addition to the spouses, while Hawley's bill would not. Also, Ossoff's legislation would have the congressional Ethics Committee oversee the issue, while Hawley's bill would have the Government Accountability Office audit.

https://www.cnn.com/2022/01/13/poli...h-hawley-ban-stocks-trading-office/index.html
It is to make political ads..."look what I'm doing for the people!"....but probably will go nowhere.