Spanberger Statement on New U.S. Senate Proposal to Ban Congressional Stock Trading

Since June 2020, the Congresswoman Has Led the “TRUST in Congress Act” to Ban Members of Congress, Spouses, & Dependent Children Trading Individual Stocks

WASHINGTON, D.C. — U.S. Representative Abigail Spanberger — the sponsor of the bipartisan TRUST in Congress Act — today released the following statement after a bipartisan group of U.S. Senators unveiled new legislation to ban Members of Congress, their spouses, and their dependent children from trading individual stocks.

“In the early months of the COVID-19 pandemic, Americans across the country were reading headline after headline of Members of Congress profiting off suspiciously timed trades. In the weeks, months, and years since, I’ve spearheaded a bipartisan effort to end lawmakers’ ability to use their positions for personal profit. Support for banning lawmakers from trading individual stocks is now at an all-time high. More than 70 lawmakers from across the ideological spectrum have backed my legislation — and momentum continues to grow.

“I’m encouraged to see this bipartisan momentum move us toward enacting this long overdue, much-needed reform. It’s time for Speaker Johnson to do his part and bring bipartisan legislation before the U.S. House to finally get it done.”


Recent Posts

Spanberger Backs Bipartisan Effort to Combat Child Sexual Abuse Material Created by Artificial Intelligence

The “Child Exploitation and Artificial Intelligence Expert Commission Act” Would Establish a Commission to Help Law Enforcement Prevent, Detect, & Prosecute AI-Generated Crimes Against Children WASHINGTON, D.C. — U.S. Representative Abigail Spanberger backed bipartisan legislation to crack down on the creation of child sexual abuse material using artificial intelligence (AI). In June 2023, the Federal Bureau […]

Jul 18, 2024

Spanberger Announces More Than $92,000 to Implement Nutrition Program at Carver Center in Culpeper County

These Federal Grant Dollars Will Help Implement a Program Using the Carver Food Enterprise Center’s Commercial Kitchen — Which the Congresswoman Helped Construct by Securing Federal Funds in 2022 — for Monthly Delivery of Local, Healthy Food to Virginia Students WASHINGTON, D.C. — U.S. Representative Abigail Spanberger announced that the Rappahannock-Rapidan Regional Commission (RRRC) received […]

Jul 17, 2024

Spanberger, Virginia Democrats Urge Governor Youngkin to Make IRS Direct File Available in Virginia & Help Virginians Avoid Fees

IRS Recently Opened Direct File to All 50 States After Successful Pilot, But Participation Requires Further Action by Youngkin Administration & Virginia General Assembly WASHINGTON, D.C. — U.S. Representative Abigail Spanberger and Members of Virginia’s congressional delegation urged Governor Glenn Youngkin to take the necessary steps to allow Virginians the option of using the Internal Revenue […]