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There is growing bipartisan support for banning stock trading by members of Congress. Representative Eli Crane and Scott Taylor expressed that trading stocks while serving in Congress is wrong and a conflict of interest. Matt Gaetz also criticized congressional stock trading as corrupt. Senator Josh Hawley emphasized that Congress should not profit from exclusive information, while Senator Jon Ossoff highlighted that Democrats, Independents, and Republicans agree on this issue. Several members of Congress have reportedly made millions of dollars in the stock market in 2024. Organizations are tracking politicians’ portfolios.
Senator Jon Ossoff: “Democrats, Independents, Republicans, overwhelmingly agree that members of Congress should not be playing the stock market” https://t.co/s5o26HMEc5
Senator Josh Hawley: "There is no reason that Congress ought to be profiting off of information that only they get" We track politicians’ portfolios. Several members have already made millions of dollars in the stock market in 2024. https://t.co/vyETY8Cy1d
Should Congressmen be banned from purchasing stocks?