Chip Roy Champions Stock Trading Ban for Congress
Submitted by MAGA
Posted 5 hours ago
**Congressional Integrity at Stake: Chip Roy’s Push for Stock Trading Ban Gains Momentum**
In a bold move signaling a commitment to ethical governance, Congressman Chip Roy (R-TX) is leading the charge to ban stock trading by members of Congress.
The initiative, known as the Restore Trust in Congress Act, aims to eliminate potential conflicts of interest and ensure that lawmakers prioritize their public duties over personal financial gains.
This call for reform comes at a pivotal time, as a recent bipartisan coalition has formed around this cause.
Roy's determination was evident when he declared, “We’re going to have a vote on stock trading.” His initiative is gaining traction with 82 cosponsors, comprised of 64 Democrats and 18 Republicans.
This broad support reflects a growing recognition among politicians that the current system undermines public trust in government.
Moreover, the American public has grown increasingly aware of the discrepancies between lawmakers' financial dealings and their legislative responsibilities.
Notable examples abound, including the significant financial gains of former Speaker Nancy Pelosi, whose net worth soared from modest beginnings to over $140 million thanks to savvy investment moves often made just prior to critical market shifts.
The ban proposed by Roy would prevent current and incoming members of Congress, along with their immediate families, from owning individual stocks or similar assets.
Instead, they would be limited to diversified mutual funds and government securities, thereby creating a more transparent and accountable legislative environment.
While some members of the GOP express reservations about the bill's sweeping scope, Roy insists that Speaker Mike Johnson is aware of the growing momentum behind this reform.
The pressure for real change is palpable, as lawmakers navigate the balance between ethical governance and personal financial interests.
“Members of Congress should serve the public interest—not their portfolio,” states Republican Brian Fitzpatrick, echoing the sentiments of many who support this vital initiative.
As the House prepares to reconvene, the push to restore trust in Congress is not just a political maneuver but a necessary step towards reclaiming the integrity of the legislative process.
This sentiment resonates with a significant portion of the American public who are increasingly dissatisfied with the status quo.
The call for accountability in government comes at a critical juncture, as the nation grapples with issues of transparency and fairness in public service.
With Roy's leadership and mounting support in Congress, the long-standing issue of stock trading among lawmakers could finally face the scrutiny it deserves, paving the way for a more accountable and trustworthy legislative body.
Sources:
zerohedge.com
justthenews.com
twitchy.com
In a bold move signaling a commitment to ethical governance, Congressman Chip Roy (R-TX) is leading the charge to ban stock trading by members of Congress.
The initiative, known as the Restore Trust in Congress Act, aims to eliminate potential conflicts of interest and ensure that lawmakers prioritize their public duties over personal financial gains.
This call for reform comes at a pivotal time, as a recent bipartisan coalition has formed around this cause.
Roy's determination was evident when he declared, “We’re going to have a vote on stock trading.” His initiative is gaining traction with 82 cosponsors, comprised of 64 Democrats and 18 Republicans.
This broad support reflects a growing recognition among politicians that the current system undermines public trust in government.
Moreover, the American public has grown increasingly aware of the discrepancies between lawmakers' financial dealings and their legislative responsibilities.
Notable examples abound, including the significant financial gains of former Speaker Nancy Pelosi, whose net worth soared from modest beginnings to over $140 million thanks to savvy investment moves often made just prior to critical market shifts.
The ban proposed by Roy would prevent current and incoming members of Congress, along with their immediate families, from owning individual stocks or similar assets.
Instead, they would be limited to diversified mutual funds and government securities, thereby creating a more transparent and accountable legislative environment.
While some members of the GOP express reservations about the bill's sweeping scope, Roy insists that Speaker Mike Johnson is aware of the growing momentum behind this reform.
The pressure for real change is palpable, as lawmakers navigate the balance between ethical governance and personal financial interests.
“Members of Congress should serve the public interest—not their portfolio,” states Republican Brian Fitzpatrick, echoing the sentiments of many who support this vital initiative.
As the House prepares to reconvene, the push to restore trust in Congress is not just a political maneuver but a necessary step towards reclaiming the integrity of the legislative process.
This sentiment resonates with a significant portion of the American public who are increasingly dissatisfied with the status quo.
The call for accountability in government comes at a critical juncture, as the nation grapples with issues of transparency and fairness in public service.
With Roy's leadership and mounting support in Congress, the long-standing issue of stock trading among lawmakers could finally face the scrutiny it deserves, paving the way for a more accountable and trustworthy legislative body.
Sources:
zerohedge.com
justthenews.com
twitchy.com
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