Rep. Gluesenkamp Perez Helps Introduce Bipartisan Bill to Ban Members of Congress from Trading Stocks

Jan 12, 2023
Press

Today, Rep. Marie Gluesenkamp Perez (WA-03) joined Rep. Abigail Spanberger (D-VA), Rep. Chip Roy (R-TX), and 34 of her colleagues in introducing the Transparent Representation Upholding Service and Trust (TRUST) in Congress Act, which would require Members of Congress and their spouses and dependent children to put certain investment assets into a qualified blind trust during their tenure in Congress, effectively banning them from trading individual stocks.

This way, Members of Congress would be unable to use their positions to inform investment decisions, influence the value of their existing investments, or contribute to greater distrust between the American people and their elected officials.

“Members of Congress are sent to D.C. to represent their communities, not line their own pockets using insider information they get on the job, and that’s something that both Democrats and Republicans can agree on,” said Rep. Gluesenkamp Perez. “Preventing Members and their families from trading individual stocks is a necessary step forward as we work to restore the American people’s trust in their government, and I’m proud to join my colleagues in this effort.”

The legislation is endorsed by numerous advocacy and government accountability organizations, including the Project On Government Oversight (POGO), National Taxpayers Union, Citizens for Responsibility and Ethics in Washington (CREW), Public Citizen, Campaign Legal Center, Taxpayers for Common Sense, FreedomWorks, Taxpayers Protection Alliance, Protect Democracy, Americans for Prosperity, Government Accountability Project, Issue One, PEER, Democracy12, Fix the Court, and ECU Action Fund.

Recent Posts


Oct 17, 2024
Press

Gluesenkamp Perez Announces Mobile Office Hours in Pacific County

Today, Rep. Marie Gluesenkamp Perez (WA-03) announced she will be holding her fourteenth set of mobile office hours in Pacific County. Residents of Washington’s Third District will be able to walk in to get assistance with federal agencies like the VA, IRS, and State Department. Rep. Gluesenkamp Perez has held mobile office hours in every […]



Oct 17, 2024
Press

Gluesenkamp Perez Introduces Bill to Level the Playing Field for Trades-Bound Youth

Last week, Rep. Marie Gluesenkamp Perez (WA-03) introduced the Fairness for the Trades Act. The legislation will expand the eligible uses of 529 education savings plans to include the tools necessary for technical careers. 529 savings plans are tax-advantaged investment vehicles designed for saving for future education expenses. Contributions to the plans grow tax-deferred, and […]



Oct 16, 2024
Press

Gluesenkamp Perez Holds Fentanyl Response Roundtable With First Responders and Care Providers in Cowlitz County

Today, Rep. Marie Gluesenkamp Perez (WA-03) held a fentanyl response roundtable with first responders and care providers at her Kelso office to discuss ways in which the Congresswoman can continue to best support their efforts at the federal level. The group, which included the Cowlitz County Sheriff’s Office, Longview Fire Department, and Cowlitz 2 Fire […]