Minnesota Democrat reintroducing bill banning members of Congress from owning, trading stocks
Rep. Angie Craig (D-Minn.) on Wednesday announced she’s reintroducing legislation to keep members of Congress from owning or trading stocks.
“Our constituents sent us to Congress to lower health care costs, fix our roads and bridges and help create good-paying jobs, not play the stock market and line our own pockets. Unfortunately, some of my colleagues have gotten sidetracked by special interests and conflicts of interest,” Craig said in a release about the Halt Unchecked Member Benefits with Lobbying Elimination (Humble) Act.
The Humble Act would also slap lawmakers with a lifetime ban on lobbying and restrictions against serving on corporate boards while in Congress.
Lawmakers wouldn’t be able to fly first-class with taxpayer funds — and their pay would be withheld if the House failed to elect a Speaker on the first day of a new Congress, entering another drawn-out Speakership fight like the one that saw Rep. Kevin McCarthy (R-Calif.) elected earlier this month.
https://www.msn.com/en-us/news/politics/minnesota-democrat-reintroducing-bill-banning-members-of-congress-from-owning-trading-stocks/ar-AA16JpMq
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