Senators Propose Bill to Ban President and Congress From Stock Trading – Potential Boost for Crypto Market

Senators Propose Bill to Ban President and Congress From Stock Trading – Potential Boost for Crypto Market

Two U.S. senators are proposing a bill to ban stock trading for Presidents and Congress from parking in stock trading. 
According to the “Ban Stock Trading for Government Officials Act,” failure to comply with the regulations could warrant penalties. 
Two Senators are proposing a bill that could exclude certain government officials from participating in stock trading. The “Ban Stock Trading for Government Officials Act,” is being proposed by Senators Kirsten Gillibrand [D-NY] and Josh Hawley [R-MO].
Both Senators are looking to resist stock trading access for Congress members. Presidents, Vice Presidents, and Senior executive branch officials are not exempt from the law. The proposal contains a handful of provisions and propositions. The bill is designed to regulate stock trading amongst the aforementioned figures.
Contained in the bill, are penalties for officials who go against the proposal. Notably, government officials are required to report grants, contracts, loans, and

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