Congress Could Finally Rein In Its Own Controversial Stock Trading

Last month, House Speaker Nancy Pelosi responded to scrutiny of members of Congress trading stocks by defending the practice. “We are a free-market economy. [Members of Congress] should be able to participate in that,” said the Speaker, who is reportedly worth tens of millions of dollars, making her one of the wealthiest members of Congress. The scrutiny comes after several members of Congress were reportedly investigated for insider trading early in the pandemic; dozens of Congress members may have violated the STOCK Act, a bill meant to bar lawmakers from profiting off of private information they obtain within their duties… Read Full Article