#国会议员交易限制 Regarding the restrictions and regulations on stock trading by U.S. Congress members, here are some key information:

1. "Stop Trading on Congressional Knowledge Act" (STOCK Act):

• This act was passed in 2012 and aims to prohibit Congress members and their staff from using non-public information obtained during their duties for stock trading.

• According to this act, Congress members and staff must disclose transactions over $1,000 within 45 days after making the stock trade.

2. Considerations of the Trump Administration:

• The Trump administration is considering banning Congress members from trading stocks, which is part of a broader discussion around government financial transparency and ethical standards.

• The White House has stated that Trump will consider prohibiting Congress members from trading (stocks).

3. Position of the Biden Administration:

• President Biden has called for a ban on Congress members trading stocks and stated that related legislation should be strengthened to ensure transparency and ethical standards.

• The "Congressional Trust Act" promoted by the Biden administration requires effectively prohibiting Congress members from personal stock trading and mandates that members and their spouses and dependent children place their stock assets into blind trusts.

4. Legislative Progress:

• Bipartisan senators in the U.S. have proposed a new bill to prohibit members from trading stocks, which would immediately ban Congress members from purchasing stocks and other investments, and require members to sell stocks within 90 days after the bill is enacted.

• This bill would also prohibit spouses and dependent children of members from trading stocks starting in March 2027.

5. Insider Trading Issues:

• Despite the relevant laws, there are questions about the enforcement and effectiveness of these laws in practice. For example, reports indicate that some Congress members are still able to buy and sell stocks and often delay submitting reports.

• Some members are suspected of using their power for insider trading, such as buying or selling stocks heavily before changes in tariff policies.

In summary, U.S. Congress members are subject to various laws and regulations regarding stock trading, but there are still disputes over the actual effectiveness and transparency of enforcement. The government and legislative bodies are working to further regulate and restrict the stock trading activities of members and their families through new legislation and policies.