In Committee, Rosen Helps Pass Bipartisan Bill to Ban Members of Congress from Owning, Trading Individual Stocks

Watch Video of Senator Rosen's Opening Remarks HERE.

WASHINGTON, DC - Today, in the Senate Homeland Security and Governmental Affairs Committee, U.S. Senator Jacky Rosen (D-NV) voted for and helped pass bipartisan legislation to ban members of Congress, their families, the President, and the Vice President from owning or trading individual stocks. The bipartisan Ending Trading and Holdings in Congressional Stocks (ETHICS) Act, which Senator Rosen has co-sponsored, also will help restore trust and increase transparency in the federal government by broadening disclosure requirements and increasing penalties for noncompliance.

"Members of Congress must serve their constituents and the public interest, not take advantage of information gained through their official duties to enrich themselves through corrupt stock trading," said Senator Rosen. "I'm proud to have helped pass this commonsense, bipartisan legislation out of committee to clean up Washington and prevent Members of Congress from being able to abuse their position for personal financial gain. I'll continue working to strengthen congressional ethics, hold politicians accountable, and increase government transparency for Nevadans."

Senator Rosen has been leading the fight against corruption, and to root out waste, fraud, and abuse in the federal government. She recently renewed her call for the House of Representatives to pass her bipartisan No CORRUPTION Act, which passed the Senate last year and would bar members of Congress from collecting taxpayer-funded pensions if they are convicted of felonies related to their official duties. Earlier this year, Senator Rosen co-sponsored the Close the Revolving Door Act to reduce lobbyist influence in Washington and ban former members of Congress from lobbying. She has also cosponsored legislation to increase ethics and transparency for Supreme Court justices and their staff.

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