Pelosi opens the door to stock trading ban for members of Congress

[Celerity]

https://www.npr.org/2022/01/20/1074387320/pelosi-opens-the-door-to-stock-trading-ban

House Speaker Nancy Pelosi, D-Calif., who has opposed new legislation banning members of Congress from trading individual stocks, signaled Thursday she is open to advancing it — if it has the support of her caucus.

"I just don't buy into it, but if members want to do that I'm OK with that," Pelosi told reporters at her weekly press conference.

The speaker said she didn't believe the step was necessary because she trusted her colleagues and that existing laws currently require regular disclosure. "I have great confidence in the integrity of my members," Pelosi said.

Still, she has asked the House Administration Committee to review the STOCK Act, the law requiring members regularly report trades and file reports within 45 days, and said she is open to increasing fines for lawmakers who fail to comply with the deadlines. She added the committee is reviewing all the bills proposed on new reforms.

snip



A push to ban members of Congress from trading individual stocks gains momentum

https://www.npr.org/2022/01/19/1073865837/a-push-to-ban-members-of-congress-from-trading-individual-stocks-gains-momentum

[MOMFUDSKI]

1. but but but

isn't that one of the perks of the job? snark

[Raine]

2. I'm not holding my breath on this ever happening

since so many get into office just so they can enjoy that little perk.