August 21, 2018

The Hill: Warren proposes ban on lawmakers owning individual stocks

Sen. Elizabeth Warren (D-Mass.) on Tuesday outlined a new proposal to ban members of Congress from owning individual stocks, which comes as a GOP lawmaker has been indicted on insider trading charges.

Warren explained in a speech to the National Press Club that the bill would bar members of Congress, Cabinet-level officials, federal judges and other senior government officials from possessing and trading individual stocks.

“They can put their savings in conflict-free investments like mutual funds or they can pick a different line of work,” said Warren, considered a potential 2020 White House contender.

Read the full story on The Hill's website here.

By:  Megan Keller
Source: The Hill