Elizabeth Warren introduced a bipartisan, bicameral bill that would ban members of Congress and their spouses from owning and trading stocks.
On Wednesday, a bipartisan, bicameral group of legislators introduced a bill that would ban members of Congress and their spouses from owning and trading stocks.
The proposal goes further than previous bills, forcing members of Congress and their spouses to divest fromother than widely held, diversified investment funds like mutual funds. Such investments could still be traded as long as there are no conflicts of interest. If members are found violating the law, they would be fined up to $50,000 per infraction.
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