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House and Senate GOP leaders have sought to address bipartisan efforts to ban members of Congress from trading individual stocks.
Treasury Secretary Scott Bessent, left, and Secretary of Education Linda McMahon listen as President Donald Trump speaks during an event to sign an executive order restarting the Presidential Fitness Test in public schools on July 31, 2025, in the Roosevelt Room of the White House in Washington. | Jacquelyn Martin/AP
Treasury Secretary Scott Bessent is calling for a ban on single-stock trading by members of Congress, a push that could supercharge legislative efforts to ban the practice that have gained momentum in recent months.
The Treasury secretary is far from the first big name in Washington to advocate for an end to congressional stock trading in recent months. Bessent’s comments come as both House and Senate GOP leaders have been scrambling to address bipartisan pushes for legislation to ban members of Congress from trading individual stocks.
