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

Jan 12, 2023

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

Jul 12, 2024

Gluesenkamp Perez, Murray, Cantwell Announce Whopping $1.499 Billion Award for I-5 Bridge Replacement Project

Today, Rep. Marie Gluesenkamp Perez (WA-03), along with Sens. Patty Murray (WA) and Maria Cantwell (WA) announced that the Interstate Bridge Replacement (IBR) Program – the organization tasked with replacing the I-5 Bridge connecting Portland and Southwest Washington – will receive $1.499 billion in federal funds from the U.S. Department of Transportation’s Bridge Investment Program […]

Jul 9, 2024

Gluesenkamp Perez, Bipartisan Colleagues Introduce Bill to Expand Rural Veterans’ Access to Disability Exams

Last month, Rep. Marie Gluesenkamp Perez (WA-03), along with Reps. Juan Ciscomani (AZ-06), Scott Franklin (FL-18), Don Davis (NC-01), and Jerry Carl (AL-01), introduced the bipartisan Rural Veterans’ Improved Access to Benefits Act to ensure veterans have permanent, cross-state access to certified health care providers for required disability claim exams. The Johnny Isakson and David […]

Jul 9, 2024

Gluesenkamp Perez To Hold Information Session on USDA Rural Development Grant Opportunities

Last week, Rep. Marie Gluesenkamp Perez (WA-03) announced she will be holding a virtual information session on USDA Rural Development grant opportunities. Residents, local leaders, nonprofits, producers, and business owners in Washington’s Third District will be able to hear from representatives from the USDA and the Congresswoman’s team about the federal grant application process, followed […]