Democratic leadership backs Ossoff's ban on congressional stock trading

Democratic U.S. Senate challenger Jon Ossoff speaks to the media at Dunbar Neighborhood Center during Georgia’s Senate runoff elections, Tuesday, Jan. 5, 2021, in Atlanta, Georgia. (Branden Camp / AP Photo)

Branden Camp / AP Photo

A recent analysis of financial documents by Capitol Trades and reporting by MarketWatch revealed that congressional lawmakers traded more than $350 million worth of stocks in 2021.

U.S. Sen. Jon Ossoff of Georgia introduced legislation earlier this year that would ban legislators from trading stocks in public companies so that they would not profit from insider knowledge they’re privy to on Capitol Hill.

Ossoff himself placed his own stock portfolio in a blind trust when he was elected, following through on a campaign promise.