#CongressTradingBan

Hello my dear ones, I will talk to you about why members of Congress are banned from trading stocks CongressTradingBan

First, CongressTradingBan refers to the ban or restrictions imposed on trading by American Congress members, a topic related to transparency and anti-corruption in financial markets.

Possible details:

1. Stock trading ban on Congress members

- There are proposals and laws in the United States aimed at preventing Congress members and senior government officials from **trading individual stocks while in office.

- The reason: to avoid **insider trading or exploiting confidential information they obtain due to their positions.

2. The "STOCK Act" (2012)

- Requires Congress members to disclose their financial trades within 45 days.

- However, it does not completely prevent them from trading, which has drawn criticism and prompted new proposals for a complete ban.

3. Recent proposals for a trading ban

- Some representatives (like Elizabeth Warren and Hawker) have introduced bills to impose a broader ban on officials' trading.

- The goal: to prevent conflicts of interest and increase public trust.

Why is this important?

- Impact on markets**: Officials' trading may distort the integrity of political decisions.

- Previous scandals some members made significant profits during crises (like the COVID-19 pandemic), raising suspicions about their use of insider information.

Take care, my dear ones ..