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Majority Leader Schumer Floor Remarks On Legislation To Address Stock Trading By Members Of Congress

Washington, D.C.   Senate Majority Leader Chuck Schumer (D-NY) today spoke on the Senate floor regarding stock trading and members of Congress. Below are Senator Schumer’s remarks, which can also be viewed here:

Finally, off the floor, I want to reiterate a brief point I made yesterday regarding stock trading and members of Congress. I believe this is an important issue that Congress should address, and it’s something that has clearly raised interest from both sides of the aisle over the past few weeks.

As I said yesterday, there are a number of Senators with various proposals, and I have asked my Democratic colleagues to come together and come up with a single bill this chamber can work on.

I hope we can pass something and I want to encourage my colleagues on the Democratic side to reach out across the aisle. Some of the proposals, we have a whole bunch, have bipartisan support. So, this is something that the Senate should address. Hopefully we can act on it soon and hopefully it can be done in a bipartisan way like many of the bills we are looking at this week.