Prohibit Congress from Stock Trading

Economy
1

Motion to prohibit federal congressional employees from stock trading whilst in public office.

The net worth of the 50 richest members in congress is $4.8B; while having an annual salary of $174,000.

Another notable employee that stood is Nancy Pelosi with an annual salary of $223,000 with a net worth of $290,000,000

Here is a list of congress members with a net worth that is 117X their annual salary

  • Rep. Darrell Issa (R-CA) - $330 million
  • Sen. Rick Scott (R - FL) $300 million
  • Sen. Mark Warner (D - VA) - $215 million
  • Sen. Mitt Romney (R - UT ) $175 million (some estimates as much as $290m)
  • Rep. Greg Gianforte (R-MT) - $189 million
  • Rep Mike Braun (R - IN) $135 million
  • Rep. Chuck Schumer (D-NY) - $81 million
  • Rep. Vern Buchanan (R-FL) - $80 million
  • Sen. Richard Blumenthal (D-CT) - $70 million
  • Rep. Don Beyer (D-VA) - $54 million
  • Sen. Dianne Feinstein (D-CA) - $53 million
  • Rep. Michael McCaul (R-TX) - $45 million
  • Sen. James Risch (R-ID) - $41 million
  • Rep. Scott Peters (D-CA) - $33 million
  • Rep. John Delaney (D-MD) - $32 million
  • Rep. Jared Polis (D-CO) - $31 million
  • Rep. David Trone (D-MD) - $31 million
  • Rep. Ro Khanna (D-CA) - $27 million
  • Rep. Tom Suozzi (D-NY) - $26 million
  • Sen. Mitt Romney (R-UT) - $25 million
  • Rep. Trey Hollingsworth (R-IN) - $24 million
  • Rep. Fred Upton (R-MI) - $23 million
  • Rep. Alan Lowenthal (D-CA) - $22 million
10 Likes
2

Here in my mind is the number one issue of corruption.

3

This is proof that Rick Scott is a bad choice for Sentate majority leader.

4

AT MINIMUM, change the law so they have to report stock purchases within 24 hrs, not 45 days. There is no reason that cant be done with technology and they need to plan to do it. They must know they will be strictly monitored and held accountable for it. Also, those purchases should be posted immediately and publicly on a Gov’t site.