Representative Brittany Pettersen Co-Sponsors Bipartisan 'Restore Trust in Congress Act' to Ban Congressional Stock Trading
Representative Brittany Pettersen (D-CO) is a co-sponsor of the 'Restore Trust in Congress Act,' a bipartisan legislative effort aimed at prohibiting members of Congress and their families from buying and selling stocks. This bill, which has 141 co-sponsors including 34 Republican representatives like Lauren Boebert, is distinct from other proposals such as the 'Stop Insider Trading Act.' The 'Stop Insider Trading Act,' supported by Representative Jeff Hurd, has been criticized for containing loopholes, including exemptions for pre-owned stocks and pooled investments, and for only applying to the legislative branch, thereby excluding the executive branch. The 'Restore Trust in Congress Act' seeks a more comprehensive ban on stock trading for congressional members and their families, reflecting a broader push for increased transparency and accountability in government. This initiative comes amidst ongoing discussions about ethical conduct and potential conflicts of interest among elected officials.