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Re: Sign the petition: Members of Congress should not be allowed to profit of the very industries they oversee

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dailykos.com

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campaigns@dailykos.com

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Tue, Feb 15, 2022 11:04 PM

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Friend, the American people deserve to know members of Congress are making decisions based on what's

Friend, the American people deserve to know members of Congress are making decisions based on what's best for the country, not what's best for lining their pockets. [Sign the petition: Members of Congress should not be allowed to own or trade individual stocks while in office.]( [SIGN THE PETITION]( We need laws in place that prevent lawmakers from exploiting their positions of power for personal gain. And we can start by banning members of Congress from owning and trading individual stocks. Here's how the ban would work: - After a short transition period, members of Congress and their spouses won't be allowed to own or trade individual stocks - After a short transition period, members of Congress and their spouses won't be allowed to own or trade individual stocks. - Instead, they can put their money in conflict-free investments like diversified mutual funds. - And if they break the rules, they'll have to pay a $50,000 fine per violation. This is a straightforward, bipartisan push. Senators and representatives shouldn't be able to write laws to enrich themselves -- and if they don't like it, they should pick another line of business. This is a straightforward, bipartisan push. Senators and representatives shouldn't be able to write laws to enrich themselves -- and if they don't like it, they should pick another line of business. [Sign the petition: Members of Congress should not be allowed to own or trade individual stocks while in office.]( [SIGN THE PETITION]( Thanks for all you do, Mayra Souza, Daily Kos P.S. Below is an email we sent out earlier urging Congress to ban members from trading individual stocks: --------------------------------------------------------------- Friend, [sign the petition: Members of Congress should not be allowed to profit of the very industries they oversee. Ban individual stock trading by members of Congress]( [SIGN THE PETITION]( Insider trading is rampant in Washington. Last year, [54 members of Congress and at least 182 top staff](“€?link_id=7&can_id=182efc9478a6381698b78cf0d4958057&source=email-sign-the-petition-members-of-congress-should-not-be-allowed-to-profit-of-the-very-industries-they-oversee-3&email_referrer=email_1442068&email_subject=re-sign-the-petition-members-of-congress-should-not-be-allowed-to-profit-of-the-very-industries-they-oversee) members violated conflict-of-interest laws and received barely a slap on the wrist. And that's just the beginning. In 2020, U.S. senators from both parties traded health care stocks after closed-door briefings over the pandemic. It gets worse. Fifteen members of Congress who have a hand in molding defense policy invest in military contractors, and over a dozen who have key roles in shaping our energy policy invest in fossil fuel corporations. [Sign the petition: Members of Congress should not be allowed to own or trade individual stocks while in office.]( [SIGN THE PETITION]( Although leadership in both parties has been reluctant to tackle this issue, a growing bipartisan movement in both chambers supporting an individual stock trading ban has pressured [House Speaker Nancy Pelosi](“€?link_id=10&can_id=182efc9478a6381698b78cf0d4958057&source=email-sign-the-petition-members-of-congress-should-not-be-allowed-to-profit-of-the-very-industries-they-oversee-3&email_referrer=email_1442068&email_subject=re-sign-the-petition-members-of-congress-should-not-be-allowed-to-profit-of-the-very-industries-they-oversee) to agree to the plan. However, Pelosi stipulated that stock trading limitations should also apply to the executive and judicial branches. She's not wrong. A [Wall Street Journal investigation](“€?link_id=11&can_id=182efc9478a6381698b78cf0d4958057&source=email-sign-the-petition-members-of-congress-should-not-be-allowed-to-profit-of-the-very-industries-they-oversee-3&email_referrer=email_1442068&email_subject=re-sign-the-petition-members-of-congress-should-not-be-allowed-to-profit-of-the-very-industries-they-oversee) uncovered more than 130 federal judges who unlawfully presided over cases involving companies in which they or their families invested. Voters are tired of corrupt politicians who make laws not to better the lives of their constituents but instead for personal financial gain. [Sign the petition: Members of Congress should not be allowed to own or trade individual stock.]( [SIGN THE PETITION]( Thank you for fighting with us, Mayra Souza, Daily Kos Daily Kos Relies on Readers Like You We don't have billionaire backers like some right-wing media outlets. Half our revenue comes from readers like you, meaning we literally couldn't do this work without you. Can you chip in $5 right now to help Daily Kos keep fighting? [Chip in $5]( If you wish to donate by mail instead, please send a check to Daily Kos, PO Box 70036, Oakland, CA, 94612. Contributions to Daily Kos are not tax deductible. Sent via [ActionNetwork.org](. To update your email address, change your name or address, or to stop receiving emails from Daily Kos, please [click here](.

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