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10-02-2022, 09:55 AM
PUBLISHED WED, FEB 9 20229:41 AM EST UPDATED 25 MIN AGO
Ylan Mui
Christina Wilkie
WASHINGTON — House Speaker Nancy Pelosi and Democratic leaders have greenlighted a plan to craft legislation that would prohibit members of Congress from trading stock, after months of resistance to a ban by Pelosi
......
In the past, opponents of a ban on stock trading in Congress have claimed it would hamper efforts to recruit the best candidates to run for office. Meanwhile, many of their own families have grown wealthy by investing in the stock market, including Pelosi’s.
Yet in recent months, Pelosi and her top lieutenants have come under growing pressure from rank-and-file members to take action and pass a stock trading ban.
These increasingly noisy calls for a ban have been spurred in part by growing public support for a prohibition on lawmakers trading stocks.
https://www.cnbc.com/2022/02/09/congress...tocks.html
Ylan Mui
Christina Wilkie
WASHINGTON — House Speaker Nancy Pelosi and Democratic leaders have greenlighted a plan to craft legislation that would prohibit members of Congress from trading stock, after months of resistance to a ban by Pelosi
......
In the past, opponents of a ban on stock trading in Congress have claimed it would hamper efforts to recruit the best candidates to run for office. Meanwhile, many of their own families have grown wealthy by investing in the stock market, including Pelosi’s.
Yet in recent months, Pelosi and her top lieutenants have come under growing pressure from rank-and-file members to take action and pass a stock trading ban.
These increasingly noisy calls for a ban have been spurred in part by growing public support for a prohibition on lawmakers trading stocks.
https://www.cnbc.com/2022/02/09/congress...tocks.html
