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Greenville Reporter

Tuesday, January 21, 2025

Murphy supports bipartisan bill banning stock trading by congress members

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U.S. Rep. Greg Murphy Representing the 3rd District of North Carolina | Official U.S. House headshot

U.S. Rep. Greg Murphy Representing the 3rd District of North Carolina | Official U.S. House headshot

Congressman Greg Murphy, M.D., has joined forces with Congressman Chip Roy and Congressman Seth Magaziner as an original cosponsor of the Transparent Representation Upholding Service and Trust (TRUST) in Congress Act. This legislation aims to prohibit Members of Congress and their families from engaging in stock trading.

"As members of Congress, we are elected to serve our constituents with integrity and not for self-benefit," stated 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."

The TRUST in Congress Act mandates that all current and incoming members of Congress, along with their spouses and dependent children, either divest from specific investment assets or place them into a qualified blind trust until 180 days after leaving Congress.

Murphy previously cosponsored this bill during the 118th Congress.

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