Reps Kickstart Effort to Ban Congressional Stock Trading

https://readsludge.com/2025/04/29/reps-kickstart-effort-to-ban-congressional-stock-trading/

173 points · 9 comments · view on lemmy.world

9 Comments

This is such a no-brainer. They should be banned from doing it, and their wealth should be locked away in a blind trust, until they finish their terms.

Kookie215@lemmy.world · 25 pts · 1y (4 replies)

Doesn't Congress eventually have to pass it though?

NauticalNoodle@lemmy.ml · 1 pts · 1y (3 replies)

Why? What do you mean?

baronvonj@lemmy.world · 31 pts · 1y (2 replies)

Kookie means it's unlikely to succeed because it requires a group of grifters to make their grifting illegal.

NauticalNoodle@lemmy.ml · 4 pts · 1y

Ah, thanks. That makes sense. I was reading it differently.

Kookie215@lemmy.world · 2 pts · 1y

Exactly, thank you.

hausthatforrem@lemm.ee · 10 pts · 1y

Here we go again. The fact that they're allowed to trade in the first place is a joke, not least because they are owned by lobbyists.

SoftestSapphic@lemmy.world · 5 pts · 1y

Nothing will meaningfully improve until the rich fear for their lives

Gowron_Howard@lemm.ee · 4 pts · 1y

Fucking good! Fingers crossed it goes through.