WARWICK, R.I. — U.S. Rep. Seth Magaziner (D-RI) will join Rhode Island ethics watchdogs and advocates including CEO Mike Stenhouse of the Rhode Island Center for Freedom & Prosperity on Wednesday to promote Magaziner’s bipartisan bill aimed at banning Members of Congress from trading individual stocks.

Magaziner’s Transparent Representation Upholding Service and Trust (TRUST) in Congress Act seeks to curb potential conflicts of interest by requiring lawmakers, their spouses, and dependent children to divest individual stocks or place them in a blind trust while in office. The bill, co-sponsored by Rep. Chip Roy (R-TX), builds on bipartisan efforts to increase transparency and accountability in government.

“The American people deserve to know that their elected representatives are working for them—not their stock portfolios,” Magaziner said in a statement. “This legislation is a critical step toward restoring public trust in Congress.”

The measure was first introduced in 2020 by then-Rep. Abigail Spanberger (D-VA) and has gained momentum as lawmakers on both sides of the aisle push for stricter ethics reforms.

Magaziner will be joined at the press conference by Christine Stenning, president of the League of Women Voters of Newport County; John Marion, executive director of Common Cause Rhode Island; Mike Stenhouse, CEO of the Rhode Island Center for Freedom and Prosperity; and Ross Cheit, former Brown University public policy professor and past chair of the Rhode Island Ethics Commission.

The event will take place Wednesday at 11:00 a.m. ET at the congressman’s office.