TRUST in Congress Act Introduced on January 14, 2025, to Ban Stock Trading by Members of Congress

Jan 14, 2025, 10:07 PM

A bipartisan group of lawmakers, led by Representatives Seth Magaziner and Chip Roy, has introduced the TRUST in Congress Act on January 14, 2025, aimed at banning members of Congress, their spouses, and dependent children from trading individual stocks. The legislation seeks to enhance transparency and accountability in Washington by preventing elected officials from profiting off nonpublic information. The bill requires members to divest from certain investment assets or place them into a qualified blind trust within specified time frames. The initiative has garnered support from 44 members of Congress and is endorsed by various advocacy groups focused on government accountability.