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It’s rare to find areas of agreement between President Donald Trump and former House Speaker Nancy Pelosi. But they’re both supporting a congressional bill that will ban members of Congress and their households from trading stocks.
The legislation, which cleared its committee of jurisdiction in late July, has broad bipartisan support and will help root out public corruption while restoring Americans’ confidence in Congress .
Common sense would suggest that Congress shouldn’t be actively trading stocks and bonds while they’re holding office. And 86% of those surveyed in 2023 as part of a University of Maryland study favored a ban on congressional stock trading, with Republicans and Democrats showing nearly identical level