Summary
A proposal to ban members of Congress from trading stocks is gaining support from both political parties. Republican Representative Anna Paulina Luna is leading efforts to force a vote on the bill, which aims to prevent potential conflicts of interest by lawmakers. The proposal has backing from over 100 lawmakers and requires 218 signatures to move forward.
Key Facts
- A proposal seeks to ban U.S. Congress members from trading stocks.
- Republican Representative Anna Paulina Luna filed a petition to push for a vote on this matter.
- The bill in question is the Restore Trust in Congress Act, which includes members' families.
- If the petition gets 218 signatures, it will force a vote in the House.
- The STOCK Act of 2012 allows stock trading with required disclosures, but there's concern about conflicts of interest.
- Over 100 lawmakers co-sponsor the bill, showing broad legislative support.
- Public surveys show bipartisan support for banning Congressional stock trading.
- Luna's actions are partly due to a lack of legislative movement on the issue.
