Matt and Sandy, together
-
New York Democratic Rep. Alexandria Ocasio-Cortez and Florida Republican Rep. Matt Gaetz have joined forces to introduce a bill banning lawmakers, their spouses, or dependents from trading stocks.
House Problem Solvers Caucus co-chair Rep. Brian Fitzpatrick, R-Penn., and Democratic Illinois Rep. Raja Krishnamoorthi joined the pair in introducing the Bipartisan Restoring Faith in Government Act on Tuesday.
Bipartisan Restoring Faith in Government Act
The bill further grants lawmakers a 90-day window during which they must divest themselves of their existing stocks. Moreover, should the spouse of a lawmaker receive "any financial instrument" as compensation for their main employment, they will have 90 days to sell it from the date they are contractually permitted to do so.