The President, with only a month left in office, reportedly said “nobody in the Congress should be able to make money in the stock market” while serving the United States.
United States President Joe Biden has reportedly come out in favor of measures to ban members of Congress from trading stocks while in office.
According to a Dec. 17 Associated Press report, President Biden gave an interview that will be released in the next five days by the labor advocacy group A More Perfect Union. The US President reportedly told journalists that “nobody in the Congress should be able to make money in the stock market while they’re in the Congress.”
President Biden had largely not commented on legislation aimed at curbing or stopping members of Congress from holding or trading stocks. Proposed laws have received bipartisan support in previous sessions of Congress.
