Gillibrand Introduces Bill to Ban Stock Trading by Senior Government Officials
A significant portion of U.S. Congress members traded stocks from 2019-2021, raising concerns about potential conflicts of interest, which has prompted strong public support for a ban on such trading. Senator Kirsten Gillibrand introduced the No Stock Act, a bill that would prohibit senior government officials, including members of Congress and their families, from holding or trading stocks and certain other financial assets. This bill aims to eliminate conflicts of interest by fully restricting stock trading for high-ranking officials, building upon the existing STOCK Act, which barred insider trading.
John Q. Hosedrinker