GOP House Leader Kevin McCarthy will consider PROHIBITING members of Congress from trading stocks

Kevin McCarthy says if Republicans regain the House majority next year, he would consider prohibiting or limiting lawmakers’ purchase and trading of stocks after Nancy Pelosi expressed opposition to such a rule. According to the latest report, the House minority leader’s plan is still in its infancy, but one idea involves allowing legislators to only hold professionally managed mutual funds. After lawmakers were briefed on the dangers of COVID-19 early in 2020 before the public was given the information, the drive for a ban on trading and holding stocks has intensified in recent months. As a result of the accusations, … Continue reading GOP House Leader Kevin McCarthy will consider PROHIBITING members of Congress from trading stocks