Nearly 100 former lawmakers call on House to ban stock trading by members of Congress

Nearly 100 former lawmakers call on House to ban stock trading by members of Congress

Ninety former members of Congress on Dec. 2 urged U.S. House leaders to quickly pass legislation that would “eliminate the persistent appearance of insider trading among members of Congress,” according to a letter obtained by OpenSecrets .

In the letter, the former federal lawmakers — Democrats, Republicans and independents alike — tell Speaker Mike Johnson (R-La.) and Minority Leader Hakeem Jeffries (D-N.Y.) that passing the Restore Trust in Congress Act would defend against “real and perceived conflicts of interest,” as the bipartisan bill in part aims to ban members of Congress and their immediate family members from buying, selling and owning most individual stocks.

The former members of Cong