A bipartisan group of U.S. representatives—ranging from progressives to MAGA true believers—unveiled legislation Wednesday to ban stock trading for members of Congress and their relatives. The surprising group has united behind one bill dubbed the Restore Trust in Congress Act, which Democratic Representative Seth Magaziner and far-right Republican Chip Roy officially introduced. At the bill’s
Some lawmakers sounded optimistic on Wednesday that their colleagues may soon be willing to curb their own stock trading, as they unveiled bipartisan legislation they had hammered out. The measure is the latest in a series of efforts to bring a bill to the floor that would address the perception that members are trading on
Market statistics are displayed on a screen as traders work on the floor of the New York Stock Exchange at the opening bell on June 13 in New York City. Angela Weiss/AFP via Getty Images hide caption toggle caption Angela Weiss/AFP via Getty Images A bipartisan group of House members has unveiled new legislation that
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PROVIDENCE, R.I. (WPRI) — Rhode Island Congressman Seth Magaziner has emerged as a leading voice in the effort to ban members of Congress from buying and selling stocks, which appears poised for a breakthrough this month. “Everyone knows Washington is broken,” Magaziner, a second-term Democrat, told 12 News last week. “Corruption and self-dealing are out
Shares of technology real estate company Opendoor (NASDAQ:OPEN) jumped 11.3% in the afternoon session after heightened interest from retail investors, fueled by social media activity and its status as a “meme stock.” The online real estate company has become a favorite among retail traders, partly due to its high short interest, where 24.64% of the
Shares of digital storytelling platform WEBTOON (NASDAQ:WBTN) fell 2.1% in the afternoon session after the stock was caught in a wider market downturn that particularly impacted technology stocks. The selloff appeared to be driven by broad market anxiety as Wall Street returned from a long weekend. Investors showed concern over high valuations in the technology
The Brief September 2, 2025 Trump may declare national housing emergency, anti-Trump protests take over the U.S., and more Skip backward 15 seconds Length: Long Speed: 1.0x Skip forward 15 seconds The push to bar members of Congress from trading individual stocks is heading toward a moment of truth this fall, as a slew of
Representative Anna Paulina Luna (R-FL) has introduced a resolution advancing the End Congressional Stock Trading Act, which bans members of Congress and their families from owning, buying, or selling stocks and bonds. In addition to the complete ban on engaging in the stock market within six months of enactment (or two years in more complex
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