Press Releases
Accountable.US Supports Bipartisan Bill to Ban Congressional Stock Trading
WASHINGTON, DC – A bipartisan group of House members introduced new legislation today to ban stock trading by members of Congress. The Restore Trust in Congress Act follows years of controversy and allegations that lawmakers have used private information to enrich themselves through stock trades.
Accountable.US is part of a coalition of advocates calling to ban members of Congress from stock trading and supporting a previous bill, the ETHICS Act, to do so, while shining a spotlight on questionable trades from Trump administration officials and congressional Republicans — like Representative Marjorie Taylor Greene (R-GA) who bought shares in multiple semiconductors and microchips companies just days before the Trump administration paused tariffs on electronics manufactured in China.
Our government is not working for working families. People shouldn’t have to wonder whether their representative is working for their community or their own portfolio. This legislation takes direct aim at corruption by closing the door on congressional self-dealing. The House should move quickly to answer the demands of their constituents and ensure that no member of Congress can profit from their elected position.”
Accountable.US Executive Director Tony Carrk
In 2023, Accountable.US found nearly 60% of incumbent U.S. representatives filed extensions for their 2022 financial disclosure, the majority of which, 54.5%, were Republicans. Notably, among the 257 representatives that filed extensions, 80.9% asked for the maximum 90-day extension.
