Pelosi and Schumer signal support for banning individual stock trades by Congress
CBSN
Democratic leaders in Congress on Wednesday indicated they'll support stronger restrictions on stock trading for members of Congress, including banning the practice entirely.
There's already a groundswell of support from Democrats and Republicans on both sides of the Capitol for stronger restrictions on their financial portfolios. It's a rare point of bipartisan agreement for two parties finding less common ground with each passing day.
Senate Majority Leader Chuck Schumer referred to stock trading as "an important issue that Congress should address" and has asked Democratic senators to come up with a bill to consider, and he is encouraging them to work with Republican counterparts.
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This story previously aired on June 15, 2024.It was updated on April 12, 2025.
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