We Don’t Let Referees Bet On Games. So Why Does Congress Get To?
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DW Opinion

We Don’t Let Referees Bet On Games. So Why Does Congress Get To?

If you are a lawmaker, you should not be a day trader.

Bill Cassidy

In his State of the Union address, President Trump highlighted the need to ban members of Congress from trading individual stocks. He pointed to stopping members like Nancy Pelosi, whose stock portfolio has performed extremely well — imagine that.

To the American citizen working hard, paying the bills, and trying to do the right thing, this is not only suspicious but also extremely frustrating. Trust is already at an all-time low. A recent Pew Research study found that just 17% of Americans say they trust the government. That is partly because members of Congress, like Nancy Pelosi, are trading stocks.

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