Senator Elizabeth Warren and Representative Pramila Jayapal are reintroducing a bill that stops lawmakers from trading stocks. Democrats will make this a key aspect of Georgia’s two Senate runoffs. Democrats accuse Georgia Senators Kelly Loeffler and David Perdue of using private information from congressional briefings to buy and sell stocks during the pandemic. The two say that they did nothing wrong.
The bill is part of an anti-corruption effort that Warren is pushing in Congress, which includes a lifetime ban on lobbying for former Congress members and a ban on lobbyist fundraising for political candidates.
“After nearly four years of the most corrupt president in American history and with U.S. Senators brazenly trading stocks to profit off a raging pandemic, the Anti-Corruption and Public Integrity Act is more urgent than ever to rein in corruption, strengthen ethics, end lobbying as we know it, improve the integrity of our judiciary, reform campaign finance laws and finally ensure that we put people over profits and communities over corporations,” Warren and Jayapal said in a joint statement.