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Rep. Chip Roy Calls for Ban on Congressional Stock Trading

Forbes Breaking NewsSeptember 7, 20253 min907 views
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The Mandate for Banning Stock Trading

  • 🎯 The American people have given a clear mandate to ban stock trading in Congress, and it's time to act.
  • 💡 Members of Congress are sent to Washington to fix issues, not to enrich themselves by trading stocks on matters they are voting on.

The Restore Trust in Congress Act

  • 🤝 A bipartisan group of members has united to introduce the "Restore Trust in Congress Act."
  • 📜 This new legislation combines the best elements of multiple previous bills to restrict and ban stock trading by individual members.
  • 🚫 While banning direct stock trading, the bill retains the ability for members to invest in broadly held mutual funds.

Addressing Concerns and Statistics

  • 📊 Reports indicate that 113 members of Congress made over 9,000 trades in 2024, involving hundreds of millions of dollars in assets.
  • 🗣️ The message is clear: if you want to day trade, leave Congress; if you are here, do your job for the American people.

Support and Call to Action

  • ✅ Speaker Johnson, former President Trump, and Secretary Besson have all expressed support for banning congressional stock trading.
  • 📢 The House Committee on Administration is urged to consider and move this bill forward quickly through regular order to get a vote on the floor.
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What’s Discussed

Stock Trading BanCongressMembers of CongressRestore Trust in Congress ActBipartisan LegislationEthics in GovernmentConflict of InterestDay TradingMutual FundsLegislative Action
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