Stock-trading bans for Congress are common sense. So why won't they do it?
The U.S. Capitol Building in Washington, D.C.. - Richie Lomba/Dreamstime/TNS
September 19, 2022
Under the heading of How is this not already illegal? comes the latest effort in Congress to prohibit sitting lawmakers from trading stocks. In an era of rock-bottom public trust in the institutions of government, ending this inherently shady-looking scenario shouldn’t garner a single “no” vote. It’s an old issue that has taken on added relevance since early 2020, when the U.S. began descending into a pandemic that most Americans didn’t know would be the economic tsunami it became. But members of Congress had better information, getting closed-door briefings about the approaching public health...