Three congressional Democrats on Monday introduced legislation that would bar lawmakers and staff from trading stocks after revelations that numerous senators sold stock after attending a briefing on the threat of novel coronavirus.

“The recent news reports have made it clear that it’s past time to end the potential conflicts of interest created by Members of Congress and their top staffers trading in stocks while making decisions affecting their values and receiving sensitive, nonpublic information through government service,” Rep. Raja Krishnamoorthi Subramanian (Raja) Raja KrishnamoorthiDemocratic chairman says White House blocked Navarro from testifying Democrats urge CDC to update guidance to encourage colleges, universities go tobacco-free Trump says people 'in the dark shadows' are controlling Biden MORE (D-Ill.), who co-sponsored the bill, said in a statement.

“Our legislation will prevent members from trading individual stocks and holding positions on corporate boards to help ensure that Congress is working for the American people and not their own stock portfolios,” he added.

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“Members of Congress should not be allowed to buy and sell individual stock,” added co-sponsor Rep. Alexandria Ocasio-Cortez Alexandria Ocasio-CortezOcasio-Cortez to voters: Tell McConnell 'he is playing with fire' with Ginsburg's seat Lawmakers fear voter backlash over failure to reach COVID-19 relief deal Why Democrats must confront extreme left wing incitement to violence MORE (D-N.Y.) “We are here to serve the public, not to profiteer.”

Sen. Jeff Merkley Jeffrey (Jeff) Alan MerkleyThe Hill's Morning Report - Sponsored by The Air Line Pilots Association - Trump, Biden renew push for Latino support Sunday shows - Trump team defends coronavirus response Oregon senator says Trump's blame on 'forest management' for wildfires is 'just a big and devastating lie' MORE (D-Ore.) introduced corresponding legislation in the Senate last year after securities fraud charges against then-Rep. Chris Collins Christopher (Chris) Carl CollinsConspicuous by their absence from the Republican Convention NY Republican Chris Jacobs wins special election to replace Chris Collins 5 things to watch in Tuesday's primaries MORE (R-N.Y.), who pleaded guilty and resigned last October.

The bill comes after reports surfaced that Sens. Richard Burr Richard Mauze BurrRep. Mark Walker says he's been contacted about Liberty University vacancy Overnight Defense: Trump rejects major cut to military health care | Senate report says Trump campaign's Russia contacts posed 'grave' threat Senate report describes closer ties between 2016 Trump campaign, Russia MORE (R-N.C.), Kelly Loeffler Kelly LoefflerMcConnell locks down key GOP votes in Supreme Court fight Trump supporters chant 'Fill that seat' at North Carolina rally Vulnerable GOP incumbents embrace filling Supreme Court seat this year MORE (R-Ga.), Dianne Feinstein Dianne Emiel FeinsteinNames to watch as Trump picks Ginsburg replacement on Supreme Court McConnell says Trump nominee to replace Ginsburg will get Senate vote Top Democrats call for DOJ watchdog to probe Barr over possible 2020 election influence MORE (D-Calif.) and James Inhofe James (Jim) Mountain InhofeChamber of Commerce endorses McSally for reelection Overnight Defense: Top admiral says 'no condition' where US should conduct nuclear test 'at this time' | Intelligence chief says Congress will get some in-person election security briefings Top admiral: 'No condition' where US should conduct nuclear test 'at this time' MORE (R-Okla.) all sold off stock following a January briefing on the threat of the virus but before the market began its downward plunge. Feinstein and Inhofe have both said they were not present for the briefing, while Burr said that his decision was based on public news reports and asked for a Senate Ethics Committee investigation.

Loeffler, meanwhile, has faced scrutiny after she and her husband, the chairman of the New York Stock Exchange, sold between $1.275 million and $3.1 million in stock between Jan. 24 and Feb. 14.

Loeffler has claimed she made the decision on the advice of financial advisers but Rep. Doug Collins Douglas (Doug) Allen CollinsVulnerable GOP incumbents embrace filling Supreme Court seat this year Georgia GOP Senate candidates cite abortion in pushing Ginsburg replacement Win by QAnon believer creates new headaches for House GOP MORE (R-Ga.), a close Trump ally challenging her for her Senate seat, accused her of “profiting off [the] pain” of those who have lost their jobs or retirement to the pandemic.