#CongressTradingBan
The Congress Trading Ban is a proposed legislative measure aimed at prohibiting members of the U.S. Congress, their spouses, and dependent children from buying, selling, or trading individual stocks while holding public office. The goal is to prevent conflicts of interest, insider trading, and the misuse of non-public information for personal financial gain. Lawmakers often receive confidential briefings and have early access to information that could significantly affect markets, raising ethical concerns when they actively trade stocks.
The issue gained public attention during events like the COVID-19 pandemic, when several members were accused of suspicious stock trades after classified briefings. In response, bills like the Bipartisan Ban on Congressional Stock Trading Act and amendments to the STOCK Act have been proposed. These aim to restore public trust and ensure lawmakers prioritize national interests over personal wealth. While many Americans support the ban, its implementation has faced delays due to political disagreements and lobbying pressures.
