Summary : House Democratic leadership will announce legislation next month that would ban lawmakers, their spouses and senior staff from trading stocks, a source familiar with the plan tells CNN.
The ability of lawmakers to trade stocks has been the subject of increasing scrutiny over the years. Earlier this year, Democratic Sen. Jon Ossoff and Republican Sen. Josh Hawley offered separate legislation that would ban lawmakers from trading stocks, but the legislation ultimately went nowhere.
Thursday’s development is especially notable because House Speaker Nancy Pelosi has long defended lawmakers’ ability to trade stocks.
<<<<<<<<<<<<<
