Biden refused to endorse a bipartisan plan to ban members of Congress from holding or trading stocks.
During his State of the Union address on Tuesday evening, President Joe Biden declined to endorse a bipartisan plan to ban members of Congress from holding or trading stocks.reported that earlier drafts of Biden’s address included an endorsement of banning members of Congress from trading stocks, but a transcript of the speech reveals it was ultimately cut — mentioning only the Russian stock market.
that Congress and their family members should not be banned from trading stocks because “we’re a free market economy.”that 54 Republicans and Democrats in Congress failed to properly disclose their transactions in accordance with Stop Trading on Congressional Knowledge Act.the market in 2021 with hundreds of millions of dollars in stock trades. Those who faired the best were Reps. Austin Scott , Brian Mast , French Hill , John Curtis , Dan Crenshaw , and Nancy Pelosi .
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Kevin McCarthy rips Biden admin for lack of action in Ukraine: 'We could have deterred this'House Minority Leader Kevin McCarthy, R-Calif., told “Fox & Friends” that the United States could have prevented the war between Russia and Ukraine from happening.
Read more »
Biden demands Congress protect kids online in State of the Union addressHe wants to ban targeted advertising to kids
Read more »
LIVE: Biden announces new action against Putin in State of the UnionPresident Joe Biden will vow to make Vladimir Putin “pay a price” for Russia’s invasion of Ukraine in his first State of the Union address, rallying allies abroad while also outlining his plans at home to fight inflation and the fading but still dangerous coronavirus.
Read more »