Restriction on Securities (Investments) Trades While in Office

Josh Hawley -R (MO), has a bipartisan bill in the works for this. It is not appropriate for ANY politician to use his or her position to gain an advantage in the securities market. Insider Trading is rampant in DC. Even skirting the law, as an example, by executing trades one minute after an article goes out and allows trades is unacceptable. I am not qualified to thoroughly review the current rules and offer any advice, but will refer any serious consideration to Senator Josh Hawley’s Proposal. I would say this one thing though. Instead of a total ban on trades, allow one or two trades per month that must be reported to some type of oversight committee. Here is a link to the bill.

https://www.congress.gov/bill/117th-congress/senate-bill/3504

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This 100% should be passed! I find it highly strange that many Congress members suddenly become millionaires after being in office! And we should do away with the lifetime pensions being paid out. There should be a dollar amount set according to how long they serve! It should be a modest sum. But they get alot of pension money after serving 2 years in the House and after only serving 4 years in the Senate. And President Trump is the only President whose income went down while he was in office and afterwards!

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