Democrats Are Drafting a Proposal to Ban Congressional Stock Trades
- Outline set for release next week after months of discussion
- Multiple proposals have circulated in House and Senate
Traders work on the floor of the New York Stock Exchange.
Photographer: Michael Nagle/BloombergThis article is for subscribers only.
House Democrats are readying a proposal to restrict members of Congress, their staff and their families from trading securities.
A framework for legislation is set to be released next week by the Committee on House Administration, according to a person familiar with the matter, who asked for anonymity because the plan hasn’t been made public.