#CongressTradingBan The hashtag **#CongressTradingBan** refers to a growing movement calling for laws that **ban members of the U.S. Congress from trading individual stocks** while in office. The concern is that lawmakers might use **insider knowledge** gained through their positions to make profitable trades — a potential conflict of interest and breach of public trust.
Here are some key points behind the movement:
- **Ethical concerns**: Critics argue that members of Congress have access to non-public information that can affect stock prices, making it unfair for them to trade.
- **Support for blind trusts or index funds**: Many advocates support requiring lawmakers to place their assets in blind trusts or limit investments to broad index funds.🦊
- **Public support**: Polls often show that a majority of Americans, across political lines, support a ban.
- **Legislation efforts**: Various bills have been introduced (like the TRUST in Congress Act), but few have made it far due to political pushback🐥🐥