[ccpw id="5"]

.

HomeBusinessUS to Ban Members of Congress from Owning Stocks

US to Ban Members of Congress from Owning Stocks

-

The US plans to ban members of Congress from trading stocks.

Currently, all members of Congress are required to report most of their investments in stocks and cryptocurrencies. However, attorneys are concerned about potential conflicts of interest.

US May Restrict Members of Congress

Many lawmakers, both Democrats and Republicans, at one point expressed support for a potential law that would prohibit members of Congress from investing in stocks or cryptocurrencies.

Democrats currently hold a majority in the House of Representatives. Republican representative Kevin McCarthy said he would consider banning lawmakers altogether from holding and trading stocks if his party turns the situation in their favour. Possibly, cryptocurrencies can also be included in this.

Senator Elizabeth Warren, known for her opposition to cryptocurrencies, said the following on her Twitter account.

“Members of Congress should not own or trade individual stocks.”

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Arbitrum (ARB) Dropped 12 Percent In The Last 24 Hours!

The price drop in Arbitrum (ARB), which entered the crypto industry like a bomb, attracted attention, selling pressure is increasing.

Today’s Top Rising Altcoins – April 1, 2023

Bitcoin's (BTC) 28.

Bitcoin is in the Risk Zone! April 1 Bitcoin (BTC) Analysis

The selling pressure that came with Bitcoin exceeding $ 29 thousand pushed the crypto investor to indecision, how is BTC progressing?

Today’s Most Depreciating Altcoins – April 1, 2023

After the volatile movements of the crypto market, sharp decreases were also observed in altcoins, we have compiled today's most falling altcoins.

Follow us

0FansLike
3,757FollowersFollow
0SubscribersSubscribe

Most Popular

spot_img