Georgia democratic U.S. Sen. Jon Ossoff is introducing legislation that would ban all members of Congress and their households from directly trading stocks.
Under the proposal, elected officials would have to place their investments into a blind trust to prevent them from using inside information that they have access to as part of their office.
“My view is that the conflicts of interest, the appearance of conflicts of interest is too great. And public confidence that elected representatives are acting in the public’s interest, rather than in their personal financial interest, requires us to restrict stock trading by members of Congress,” Ossoff said.
Read this story now for free
To continue reading, sign up for our newsletter and get unlimited access to WABE.org
You can select your preferences for news and local content. We will never share your email address. Learn how your newsletter sign-up will support WABE and Public Media
