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IPFS News Link • Stock Market

Dems Set To Push Bill To Ban Congress From Trading Stock

• Zero Hedge - Tyler Durden

Finally, house Democrats are going to be addressing the ugly black eye of their leadership Nancy Pelosi making ungodly sums from day-trading millions of dollars worth of stock and options ahead of legislative initiatives - while, at the same time, railing on capitalism with every opportunity they get publicly. 

Apparently, the optics aren't that great. Go figure.

And so House Democrats are now set to announce a proposal "to ban lawmakers, their spouses and senior staff from trading stocks", Punchbowl news wrote this week. 

"The framework, which the House Democratic leadership will release in early August, would force members of Congress, their spouses and senior staff to choose between putting their assets in a qualified blind trust or completely divesting their investment portfolios," the report says.