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Browse: Home / 2022 / December / 01 / Sorry, Nancy Pelosi: Lawmakers Shouldn’t Be Stock Traders – Bloomberg

Sorry, Nancy Pelosi: Lawmakers Shouldn’t Be Stock Traders – Bloomberg

By Securities Docket on December 1, 2022, 9:49 am

Now, with barely a month left in the current session, members of Congress should put their money where their mouths are. The simplest and most transparent solution is to ban lawmakers and their immediate families from holding stocks at all. Although that’s unlikely to fly, a requirement to put any investment assets in a blind trust for the duration of their time in office should be a no-brainer.

Advancing such a measure in the lame-duck session might offer Pelosi an appealing capstone for her time as speaker. It might also demonstrate that true leadership sometimes requires sacrifice.

Source: Sorry, Nancy Pelosi: Lawmakers Shouldn’t Be Stock Traders – Bloomberg

Posted in Regulation, SEC, Top | Tagged US Congress

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