Democrats planning legislation to ban stock trading in Congress after Insider exposed widespread wrongdoing

House Democrats are close to introducing a ban on stock trading for members of Congress, their spouses, and senior staff members, Punchbowl News first reported, citing multiple unnamed sources.

Insider has independently confirmed from two congressional sources close to the negotiations that the House intends to move forward after months of slow-burn deliberations, which included a congressional hearing in April.

The ban would make these lawmakers, spouses, and staffers choose between putting their assets in a blind trust — giving up control to an independent third party — or selling...