A group of more than two dozen lawmakers are urging House Speaker Nancy Pelosi and House GOP Leader Kevin McCarthy to “swiftly” hold a vote on legislation that would ban members of Congress from owning or trading stocks, Fox News has learned.
Democratic Rep. Raja Krishnamoorthi says lawmakers’ ability to buy and sell in the market creates ‘appearance of impropriety.’
"There is no reason that members of Congress need to be allowed to trade in stocks when we should be focused on doing our jobs and serving our constituents," they wrote, adding that, "perhaps this means some of our colleagues will miss out on lucrative investment opportunities.""We don’t care," they wrote. "We came to Congress to serve our country, not turn a quick buck.
At this point, there are multiple bipartisan bills to ban members of Congress from owning or trading stocks circulating in the House of Representatives. The bipartisan group of lawmakers slammed Pelosi and McCarthy for "handwringing over which bill to advance" saying it should be "no excuse for stalling a House floor vote on this issue."
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Texas Democrats and Republicans alike cast hundreds of votes by proxy in U.S. House in 2021It was meant to be temporary, but there’s talk of another extension for a U.S. House rules change that allows members to vote by proxy for their absent...
Read more »
Master percussionist James Henry fosters music appreciation through House of Samba KidsMaster percussionist James Henry strengthens music appreciation among kids through Samba music.
Read more »
Victims of California house party shooting namedThe shooting resulted in four people being killed with one person remaining in hospital in a critical condition.
Read more »
Post-Production House Levels Audio Expands To New York CityEXCLUSIVE: Established post-production venue Levels Audio has expanded to New York, with noted industry vets Sue Pelino and Kassie Caffiero leading its new facility. The company has contributed aud…
Read more »
4 Dead, 1 Injured In 'Ambush-Style' Shooting At House Party In InglewoodUPDATE: Authorities identify two of the victims killed in the shooting at an Inglewood house party that left a total of 4 people dead and one hurt.
Read more »
House Republicans tout infrastructure funding they voted againstIn November, Rep. Rob Wittman, R-Virginia, was one of 205 House Republicans to vote against the bipartisan, $1.5 trillion infrastructure bill, calling it irresponsible and the 'Green New Deal in disguise.' On Friday, he took to Twitter to tout funding from the bill he voted against -- highlighting a $70 million expansion of the Port of Virginia in Norfolk -- one of the busiest and deepest ports in the United States. Wittman, who deleted the tweet Friday shortly after ABC News reached out to his office for comment, is the latest member of a growing group of Republicans celebrating new initiatives they originally opposed on the floor.
Read more »