Murphy Champions Effort to Ban Stock Trading by Members of Congress

Washington, D.C. — Congressman Greg Murphy, M.D. joined his colleagues Congressman Chip Roy (R-TX) and Congressman Seth Magaziner (D-RI) as an original cosponsor of the Transparent Representation Upholding Service and Trust (TRUST) in Congress Act to ban Members of Congress and their families from trading stocks.

"As members of Congress, we are elected to serve our constituents with integrity and not for self-benefit," said Congressman Greg Murphy, M.D. "Members and their families should not use the office for financial gain. We must root out perceptions of corruption to preserve faith in our federal government, and even the appearance of impropriety stands in the way of that pursuit. This commonsense reform is overdue, and I look forward to continuing to advocate for it to become law."

Background
The bipartisan TRUST in Congress Act requires all current and new members of Congress, their spouses, and dependent children to divest from certain investment assets or place them into a qualified blind trust until 180 days after they leave Congress. 

Murphy cosponsored the TRUST in Congress Act in the 118th Congress. 

Read the bill text here.