Following the Senate on Homeland Security and Government Affairs Committee’s (HSGAC) advancement of a bill today that would ban lawmakers from owning and trading stock, Citizens for Responsibility and Ethics in Washington (CREW) released the following statement:

“CREW applauds the senators who spearheaded and supported this bipartisan effort to end congressional stock trading, including Sen. Josh Hawley and all of the Democratic members of the Committee who joined in voting to advance this long overdue bill. For years, Congress has been plagued by growing public distrust in part as a result of members of Congress from both parties making problematic stock trades and owning stock in companies that they oversee and to which they appropriate taxpayer dollars. This common sense reform will help repair public trust in Congress. We urge the full Senate to pass this bill as soon as possible.” 

CREW has for years advocated for a comprehensive ban on congressional stock trading. The time to put an end to this unethical practice is now.