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Press Release: Magaziner and Roy Introduce Bipartisan Bill to Prohibit Congressional Stock Trading

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U.S. Representatives Magaziner and Roy introduced a bipartisan bill to prohibit Congressional stock trading.

Quiver AI Summary

U.S. Representatives Seth Magaziner and Chip Roy have introduced a bipartisan bill aimed at banning Members of Congress from trading stocks. Named the Restore Trust in Congress Act, the legislation seeks to prohibit stock trading by lawmakers and their families, addressing concerns about conflicts of interest in government. The bill has garnered support from a coalition of 16 bipartisan cosponsors.

The introduction follows extensive negotiations among lawmakers, including prominent figures such as Rep. Pramila Jayapal and Rep. Alexandria Ocasio-Cortez. The bill creates stringent enforcement measures and aims to restore public trust in government, with its supporters emphasizing the need for integrity in congressional decision-making.

During a press conference, Magaziner stated, "We must take a strong stand against corruption... this bipartisan bill is our best chance at finally getting it done." Roy added that the legislation balances compliance requirements without allowing "loopholes" for continued trading while serving. The bill’s proponents call for an immediate vote.

Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.

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Seth Magaziner Net Worth

Quiver Quantitative estimates that Seth Magaziner is worth $650.4K, as of September 4th, 2025. This is the 372nd highest net worth in Congress, per our live estimates.

Magaziner has approximately $34.4K invested in publicly traded assets which Quiver is able to track live.

You can track Seth Magaziner's net worth on Quiver Quantitative's politician page for Magaziner.

Seth Magaziner Bill Proposals

Here are some bills which have recently been proposed by Seth Magaziner:

You can track bills proposed by Seth Magaziner on Quiver Quantitative's politician page for Magaziner.

Seth Magaziner Fundraising

Seth Magaziner recently disclosed $136.6K of fundraising in a Q2 FEC disclosure filed on July 15th, 2025. This was the 555th most from all Q2 reports we have seen this year. 53.2% came from individual donors.

Magaziner disclosed $86.4K of spending. This was the 553rd most from all Q2 reports we have seen from politicians so far this year.

Magaziner disclosed $1.1M of cash on hand at the end of the filing period. This was the 284th most from all Q2 reports we have seen this year.

You can see the disclosure here, or track Seth Magaziner's fundraising on Quiver Quantitative.

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