Tell your legislator: Ban Congressional Stock Trading

In order for our government to function, voters need to trust that lawmakers have their best interests at heart. Right now, we all know the trust just isn’t there. Until our elected officials get serious about cracking down on real or perceived conflicts of interest, the crisis of confidence will only get worse.

Passing legislation to address this serious conflict of interest is exactly what we need to restore public confidence in our government. The great news is right now, there are multiple opportunities to get this done:

The Ending Trading and Holdings in Congressional Stocks (ETHICS) Act prohibits members, spouses, and dependent minors from owning or trading securities, commodities, or futures helping to restore trust in Congress.
The Bipartisan Restoring Faith in Government Act is a very similar bill introduced in the U.S. House.

Join us in encouraging Congress to do everything they can to pass a congressional stock ban ASAP.

Sign below, and your email will go directly to your U.S. Senator and U.S. House Representative. We’ve provided you with a template, but feel free to add a personal note.

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To My Members of Congress,

I’m writing to respectfully ask that you vote in support of the active congressional stock ban legislation in the U.S. Congress. Both the Ending Trading and Holdings in Congressional Stocks (ETHICS) Act & the Bipartisan Restoring Faith in Government Act will address this serious conflict of interest and restore public confidence in Congress.

In order for our government to function, voters need to trust that lawmakers have their best interests at heart. Right now, we all know the trust just isn’t there. One major reason why is that we continue to allow members of Congress to trade stocks while in office – with little oversight and accountability.

Both Acts prohibit Members, spouses, and dependent minors from owning or trading securities, commodities, or futures. Members may divest or diversify their holdings into allowable assets such as mutual funds or ETFs, or place their assets in a qualified blind trust. It also includes financial penalties for continuing to hold or trade covered assets.

Taking action to ban congressional stock trading is critical to restoring public faith in Congress. A recent poll found that 70% of voters believe that members of Congress should not be permitted to trade individual stocks.

Americans from around the country and across the political spectrum are joining together to support this legislation. I hope you will join us.

Sincerely,