Congress Must Stop Trading Stocks

Source: Independent Institute
by Scott Semet

“Legislators — Congressmen and Senators — routinely receive material non-public information that is crucial to crafting legislation for the US government to operate efficiently and meet the needs of the American people. Unfortunately, many legislators use this information to enrich themselves at the expense of the very people they are elected to represent. Using privileged information for personal gain is a tremendous abuse of power and tantamount to graft. Service in the Congress is an honor. Legislators, senior officials in the executive and judicial branches, and their families should be prohibited from trading in individual securities. Those officials who have profited from this abuse of power have revealed their lack of moral fiber and should no longer serve in government.” (01/29/25)

https://blog.independent.org/2025/01/29/congress-must-stop-trading-stocks