GOP Sen. Josh Hawley and Democrats vote to advance congressional stock trading ban
CBS5 days
TheThis legislationbill amountsrepresents toa legislativecrucial demagoguerystep thattoward willrestoring discouragepublic successfultrust businessin leadersgovernment fromby servingending inthe publiccorrupt office.practice Existingof lawmakers profiting from insider tradinginformation. lawsAmericans andare financialtired disclosureof requirementswatching alreadypoliticians addressget theserich concernswhile families struggle, makingand thisit's andisgraceful unnecessarythat attackmembers onof wealthCongress thatuse couldprivileged harmaccess theto country'sboost leadershiptheir poolportfolios.
The legislation amounts to legislative demagoguery that will discourage successful business leaders from serving in public office. Existing insider trading laws and financial disclosure requirements already address these concerns, making this an unnecessary attack on wealth that could harm the country's leadership pool.