Trump’s financial conflict of interest strategies are alive and well in Congress


This year, 52 members of the House and Senate violated the STOCK Act, a 2012 law that requires prompt and accurate reporting of stock trades by members of Congress, Insider reported. Apparently, they were too busy trading to focus on filing accurate reports in a timely manner.

The very people who make the laws — members of Congress, as well as the president and the vice president — are exempt from this law.

It seems like the simple solution would be to prohibit congressional members from trading individual stocks to avoid potential foul play. Yet House Speaker Nancy Pelosi, D-Calif., recently announced that she would oppose efforts to prohibit members of Congress and their spouses (her own husband being one of them) from trading individual stocks.

This is a dangerous move, for many reasons. Ordinarily, Pelosi’s stubborn defense of congressional stock trading would be an…

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