#CongressTradingBan The White House Press Secretary, Caroline Leavitt, has made an important statement amid the context of volatility and uncertainty affecting the markets, stemming from the trade war. This tension is transferring to Wall Street and equities, as accusations grow regarding alleged stock trading by members of Donald Trump's team.
In light of this situation, President Trump is reportedly considering the possibility of prohibiting members of Congress from engaging in stock trading on Wall Street, a measure aimed at reinforcing transparency and avoiding potential conflicts of interest.
This comes after several Democratic lawmakers demanded measures against stock trading by Congress during a period of high volatility in the U.S. markets.
Senator Elizabeth Warren, a Democrat from Massachusetts, shared a video on X on Monday expressing her opinion on the matter. She explained that this prohibition has been necessary for a long time:
"It is time to finally ban stock trading in Congress," she captioned the video. "I have been calling for this for years because the American people should never have to wonder if members of Congress are making a decision that benefits their bank account."