Competing bills by Sens. Hawley and Ossoff banning lawmaker stock trading introduced

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Competing bills by Sens. Hawley and Ossoff banning lawmaker stock trading introduced
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Two separate bills that would ban stock trading for members of Congress were introduced in the Senate on Wednesday.

Jon Ossoff speaks at an outdoor rally during his campaign for Senate on Dec. 5, 2020, in Conyers, Georgia.from both sides of the aisle for saying members of Congress and their spouses should be allowed to trade stock as part of a "free market economy."

Hawley's office pinpointed a section in Ossoff's bill that says, "An investment that achieves compliance with applicable environmental, social and governance criteria shall not be considered to be a covered investment solely by reason of that compliance." Ossoff's bill is also being supported by Sen. Mark Kelly, D-Ariz., who said he hopes it "will put an end to corrupt insider trading and ensure that leaders in Congress focus on delivering results for their constituents, not their stock portfolios."

"Don't let them keep the profits," said Hawley. "Make them disgorge those profits. Make them give them up and give them to the taxpayers and punish them in that way."

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