No Senate Republicans appear to have publicly come out against congressional stock trades, so Ossoff may have trouble finding a co-sponsor in the Senate.
Georgia Sen. Jon Ossoff can introduce the Ossoff ethics bill with help from a Republican co-sponsor.
But the Ban Conflicted Trading Act would only ban trades by members of Congress and their senior staff — not spouses or families — so Paul Pelosi’s stock-picking would remain legal.
House Speaker Nancy Pelosi has defended stock trading by members of Congress, while her husband Paul has raked in millions of dollars through shares of big tech companies.
Rep. Chip Roy (R-TX) has united with Democrats to support a ban of stock trades by members of Congress.
Ossoff and Warnock in particular appear to owe their political careers to poorly-received Congressional stock trades.
In October, Ossoff called for a ban on stock trading by Federal Reserve officials following revelations that two regional reserve bank presidents had actively traded shares in 2020. »