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Congressman Ro Khanna Proposes Ban on Stock Trading for Lawmakers and Spouses

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By on December 28, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Congressman Ro Khanna Proposes Ban on Stock Trading for Lawmakers and Spouses appeared first on Coinpedia Fintech News

U.S. Congressman Ro Khanna has introduced a bill to ban stock trading by Congress members and their spouses, aiming to “clean up corruption in Washington.” Khanna’s proposal includes prohibiting PAC and lobbyist donations, instituting term limits, and adopting ethics codes for justices. The move follows President Joe Biden’s recent support for a similar ban, citing the ethical concerns of lawmakers profiting from insider knowledge. Public scrutiny has intensified after trades by officials like Nancy Pelosi raised questions about conflicts of interest. Khanna’s initiative reflects growing calls for transparency and accountability in U.S. governance.

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