Brown calls for tougher rules on Congressional stock holdings

Ohio Sen. Sherrod Brown wants members of the Senate to be forbidden from owning individual stocks, the Cleveland Plain Dealer reports.

Brown, along with Oregon Sen. Jeff Merkley, instead wants senators to either sell their stocks and instead invest in mutual funds or place the stocks in a blind trust that would be managed independently, the newspaper reports.

Ownership of stocks, Brown told the newspaper, creates a conflict of interest on several issues. A spokeswoman for the senator told the newspaper that Brown has sold all of his individual stocks.

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