US EditionBessent rips Pelosi, calls for single-stock trading ban in Congress
Treasury Secretary Scott Bessent calls for a ban on single-stock trading in Congress to address conflicts of interest amid bipartisan legislative efforts and public concern over insider profits.
- On May 6, 2025, Treasury Secretary Scott Bessent announced his intention to advocate for prohibiting members of Congress from trading individual stocks while in office.
- This action responds to ongoing worries about certain legislators, including a former House Speaker and a sitting Senator, benefiting from investment gains that may be linked to privileged information.
- Critics contend that although a law passed in 2012 bans insider trading by members of Congress, enforcement has been uneven and penalties for violations remain limited despite multiple infractions.
- Bessent remarked that politicians’ investment gains have outperformed many hedge funds and emphasized that lawmakers should focus on public service rather than personal financial gain.
- The call for a ban, supported by figures including President Trump and Rep. Anna Paulina Luna, suggests increased pressure for congressional reform on stock trading.
22 Articles
22 Articles
The Western Journal
DailyTruthReportBessent Targets 'Eye-Popping' Stock Gains by Congress Members: 'The American People Deserve Better'
Treasury Secretary Scott Bessent voiced concern over the “eye-popping” stock gains some members of Congress are making, expressing support for some form of ban on individual trades. The senior Trump […] The post Bessent Targets 'Eye-Popping' Stock Gains by Congress Members: 'The American People Deserve Better' appeared first on The Western Journal.
Scott Bessent to Push for Ban on ‘Single-Stock Trading’ in Congress
by Elizabeth Weibel, Breitbart: Treasury Secretary Scott Bessent revealed that he would be pushing for a ban on “single-stock trading” for members of the United States Congress, noting that the “American people deserve better.” In a post on X, Bessent shared a video from an interview on Bloomberg Television, talking about how politicians “shouldn’t come to” Washington, […]
Congressional Stock Trading Ban Gains Momentum
Treasury Secretary Scott Bessent is calling for an end to individual stock trading by members of Congress, citing “eye-popping” profits that would make Wall Street hedge funds envious. His remarks have intensified demands for legislative action to restore public trust in elected officials. Recent proposals, including a Senate bill by Sen. Josh Hawley, aim to crack down on lawmakers profiting from privileged information. Bessent issued the warnin…
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