US EditionSpeaker Johnson backs congressional stock ban, cites ‘a few bad actors’
- On May 14, 2025, House Speaker Mike Johnson publicly expressed his support for prohibiting members of Congress from engaging in individual stock transactions during a press conference.
- This endorsement follows growing public criticism and a federal investigation triggered by dubious stock trades by lawmakers in 2020 during the pandemic.
- Johnson acknowledged lawmakers’ stagnant salaries, noting adjusted pay is 31 percent lower than earlier years, and argued some rely on trading to manage congressional costs.
- He acknowledged that the practice has been mishandled previously, with a few individuals harming its reputation, and emphasized a strict policy against any misconduct.
- Johnson’s support strengthens bipartisan efforts to pass legislation banning members and their families from trading individual stocks, although obstacles remain.
21 Articles
21 Articles
Congressional stock trading ban bill gaining more traction
PROVIDENCE, R.I. (WPRI) — Rep. Seth Magaziner and more than a dozen lawmakers called for a vote that would prevent members of Congress from trading stocks. Magaziner and Rep. Chip Roy, R-Texas, introduced the TRUST in Congress Act earlier this year, which would stop congressional stock trading. The legislation would either prohibit elected officials and their immediate family members from trading stocks or require them to shift their investments…
New Movement to Stop Politician Insider Trading - NEWS HOUR FIRST
Sen. Josh Hawley (R-MO) has reintroduced the PELOSI Act, which was designed to target corruption within Congress related to insider trading, and President Donald Trump has signaled that he would sign this bill into law if it made it to his desk. The bill, whose clever acronym stands for “Preventing Elected Leaders from Owning Securities and Investments,” is named after the most prolific stock trader in Congress, Rep. Nancy Pelosi (D-CA), who som…
Speaker Mike Johnson backs congressional stock ban, cites 'a few bad actors' - The Examiner
By Justin Papp CQ-Roll Call WASHINGTON — Speaker Mike Johnson publicly voiced his support on Wednesday for a ban on members trading individual stocks, fueling… Login to continue reading Login Sign up for complimentary access Sign Up Now Close The post Speaker Mike Johnson backs congressional stock ban, cites ‘a few bad actors’ appeared first on The Examiner.
Speaker Johnson Expresses Support For Ban on Stock Trading For Members of Congress
Speaker Mike Johnson says he supports banning members of Congress from trading stocks but also sympathizes with lawmakers who claim they need the income. Despite growing bipartisan calls for reform, real change remains uncertain. Key Facts: Speaker Mike Johnson (R-La.) voiced support for banning individual stock trading by members of Congress. Johnson acknowledged lawmakers face financial strains due to stagnant salaries since 2009. The propose…
Speaker Johnson Backs Stock Trading Ban for Members of Congress
WASHINGTON—House Speaker Mike Johnson (R-La.) has announced that he supports legislation to ban members of Congress from trading stocks, which has previously elicited controversy. “My honest opinion on it: I’m in favor of that. I don’t think we should have any appearance of impropriety here,” Johnson said at a press conference on May 14. The comments come after a renewed bipartisan push on a ban on the practice. Members of Congress routinely hav…
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