WASHINGTON, D.C. (WBNG) — Congressman Josh Riley (NY-19) co-sponsored two pieces of legislation intended to deliver more ethical governance in Washington.
The Transparent Representation Upholding Service and Trust, or TRUST, in Congress Act bans members of Congress, their spouses and dependent children from trading individual stocks.
This legislation would reduce opportunities for insider training by requiring members of Congress, their spouses, and dependent children to be divested or placed into a qualified blind trust for the duration of their tenure.
The policy change would prevent lawmakers from profiting off their positions through access to non-public information.
The second bill, H.J. Res. 12, proposes an amendment to the Constitution to limit the number of terms that a member of Congress may serve.
The legislation proposes a limit of three terms for House members and two terms for Senators, with no opportunity to return after reaching the limit.
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