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A new Democratic bill would block lawmakers from buying and selling individual stocks while in office
Two leading Senate Democrats on Thursday introduced a bill intended to prevent members of Congress from trading stocks in industries tied to their legislative work.
The measure would ban members of Congress and senior staff from buying or selling individual stocks while in office. Members would also be barred from serving on any corporate boards.
A release from Oregon Sen. Jeff Merkley and Ohio Sen. Sherrod Brown cites two recent trading scandals, one involving a Republican congressman from New York and another involving former Rep. and one-time Trump administration Health and Human Services Secretary Tom Price, for inspiring the bill.