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For more than a decade, a series of bills have been proposed to address such trades, but differences about the details and a lack of support from top congressional leaders stalled past reform efforts. But in announcing the new bill on Wednesday, a group of leading conservatives and progressives said the issue is ripe for action in 2025 and that they had agreed on a new plan.
Washington, D.C. – Today, U.S. Representatives Seth Magaziner (D-RI-02) and Chip Roy (R-TX-21) introduced a new comprehensive bipartisan bill to ban Members of Congress from trading stocks.
A ban on members of Congress and their families trading or owning stocks got new momentum Wednesday, after a bipartisan group of House members announced they had come to an agreement on a new bill.
The Restore Trust in Congress Act combines several different proposals into one vehicle that supporters say will focus the debate and lead to passage.
A bipartisan group of House members unveiled a compromise bill Wednesday afternoon to ban stock trading by individual members of Congress and their families.
The legislation, titled the Restore Trust in Congress Act, is expected to combine and reconcile several previously introduced bills to ban congressional stock trading by members of Congress, according to an advisory.
WASHINGTON, D.C. – Today, Representatives Seth Magaziner (RI-02) and Nikki Budzinski (IL-13), co-leads of the Congressional Labor Caucus’ Building Trades Task Force along with Caucus Co-Chairs Donald Norcross (NJ-01), Debbie Dingell (MI-06), Steven Horsford (NV-04), and Mark Pocan (WI-02) issued the following statement in response to the stop work order issued by the Department of the Interior on the Revolution Wind Project off the coast of Rhode Island:
Rhode Island Congressman Seth Magaziner has emerged as a leading voice in the effort to ban members of Congress from buying and selling stocks, which appears poised for a breakthrough this month.
WASHINGTON, D.C. — U.S. Representative Seth Magaziner joined Reps. Brad Sherman (CA-32) and Chris DeLuzio (PA-17) tointroduce the Click to Cancel Act, legislation that will make it easier for Americans to cancel costly recurring subscriptions. Senator Ruben Gallego (D-AZ) recently introduced companion legislation in the Senate.
If passed, the Click to Cancel Act will require companies to:
Congressman Seth Magaziner has reintroduced legislation to make wage theft a felony throughout the country.
His bill, the Don’t Stand for Taking Employed American’s Livings (Don’t STEAL) Act, aims to take on “bad actors” who don’t properly compensate their employees, don’t pay overtime, and steal tips, Magaziner’s office said. [...] Read full article.
WARWICK, RI — Today, U.S. Representative Seth Magaziner held a press conference to announce his bill, the Don’t Stand for Taking Employed American’s Livings (Don’t STEAL) Act, that would make wage theft a felony nationwide. Rep. Magaziner was joined by labor leaders who described the human toll of wage theft in Rhode Island.
WASHINGTON, DC — Yesterday, Representatives Seth Magaziner (RI-02) and Nikki Budzinski (IL-13), co-leads of the Congressional Labor Caucus Building Trades Task Force along with Congressional Labor Caucus Co-Chairs Donald Norcross (NJ-01), Debbie Dingell (MI-06), Steven Horsford (NV-04), and Mark Pocan (WI-02), sent a letter to Labor Secretary Lori Chavez-DeRemer urging her to prioritize proven, high-quality Registered Apprenticeship Programs in the Administration’s up