Stock Trading Scandal: House Debates Ban for Lawmakers

Former Federal Reserve governor Adriana Kuglers alleged stock trading violations during the Feds blackout period have reignited debate on government officials stock trading. The House Administration Committee is set to discuss banning stock trading for lawmakers this Wednesday, focusing on strengthening current limits. Public concern over appearance of impropriety, such as senators trading stocks during the pandemic and around tariff announcements, has fueled calls for stricter rules. The Restore Trust in Congress Act, a bipartisan bill proposing a ban on members of Congress, their spouses, dependent children, and trustees from owning, buying, or selling individual stocks, has garnered significant public support.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.