(Radio Iowa) – Iowa Congressman Zach Nunn is part of a bipartisan group of House lawmakers pushing to ban members of Congress from trading stocks. “The shot clock starts right now. We can end insider trading,” Nunn said. “We can help restore integrity to government and this team right here is the one who’s going to get it done this cycle.” Nunn made his comments at a news conference that featured lawmakers from across the political spectrum, including New York Democrat Alexandria Ocasio-Cortez and Texas Republican Chip Roy.

“This isn’t a Republican or a Democrat issue. This is a group of individuals that are fighting because it is unfair that members of congress are trading on insider information and performing 60% better than most of the trading companies in New York City.” Nunn — a Republican from Ankeny — backed a bill in 2023 that would have banned members of congress and their spouses from making individual trades in stocks, futures and options while in office.

Legislation that narrowly cleared a committee in the U.S. Senate in July would ban elected officials in the legislative and executive branches of the federal government from making stock trades. Some Republican senators have criticized the concept, saying it would discourage people from the private sector from seeking office.