GOP Senator Josh Hawley recently introduced a bill proposing a ban on members of Congress from engaging in trading and owning stocks, naming it the Pelosi Act.
Read More GOP Senator Reintroduces ‘PELOSI Act’ Which Would Ban Congress From Trading Stocks: ‘It’s Time’Tag: stock trading
BofA stock surges after boosting profit on trading gains, interest income
Bank of America topped estimates for first-quarter profit as interest income grew and volatile markets helped its stock traders rake in a record haul.
Read More BofA stock surges after boosting profit on trading gains, interest incomeReddit stock jumps after OpenAI partnership
Shares of Reddit rose 14% on Friday, following a partnership with artificial intelligence firm OpenAI that is expected to draw in more users for the social media platform.
Read More Reddit stock jumps after OpenAI partnershipSenators Reintroduce Barring Lawmakers And Exec. Branch Members From Owning Stock
In a joint effort, Democrat Senator Kirsten Gillibrand and Republican Senator Josh Hawley are pushing to introduce new bipartisan legislation in the Senate. If passed, it would ban those affected from owning stock in individual companies.
Read More Senators Reintroduce Barring Lawmakers And Exec. Branch Members From Owning Stock