{"id":1063,"date":"2023-04-18T16:28:46","modified":"2024-08-16T11:18:40","slug":"fetterman-joins-colleagues-to-introduce-new-stock-trading-ban-legislation-at-presser","link":"https:\/\/www.fetterman.senate.gov\/fetterman-joins-colleagues-to-introduce-new-stock-trading-ban-legislation-at-presser\/","title":{"rendered":"Fetterman Joins Colleagues to Introduce New Stock Trading Ban Legislation at Presser"},"content":{"rendered":"<p style=\"font-weight: 400;\"><strong>WASHINGTON, DC \u2013<\/strong> Pennsylvania U.S. Senator John Fetterman today joined his Senate colleagues to introduce the <em>ETHICS Act<\/em>, a new bill that would ban Members of Congress, their spouses, and dependent minors from owning or trading stocks, commodities, or futures.<\/p>\n<p style=\"font-weight: 400;\">The bipartisan, bicameral bill is led by Sen. Jeff Merkley (D-OR) and is co-sponsored by over 20 senators. Reps. Raja Krishnamoorthi (D-IL) and Michael Cloud (R-TX) are the House leads.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/projects.45press.com\/fetterman-old\/wp-content\/uploads\/2023\/04\/MicrosoftTeams-image-12-e1681835388381-300x148.jpg\" alt=\"\" width=\"573\" height=\"283\" \/><\/p>\n<p style=\"font-weight: 400;\">\u201cLawmakers should not be able to profit off the same companies that they are regulating. Letting members of Congress trade stocks opens the door to corruption,\u201d <strong>said Senator Fetterman at a press conference to introduce the bill. <\/strong>\u201cLawmakers should be focused on getting results for their constituents \u2014 not lining their own pockets.\u201d<\/p>\n<p style=\"font-weight: 400;\">Senator Fetterman strongly supported a ban on Congressional stock trading throughout his campaign for Senate. His co-sponsorship of the <em>ETHICS Act<\/em> follows through on his promise to hold Washington accountable and level the playing field.<\/p>\n","protected":false}}