All Star Charts founder JC Parets and Sarge986 president Stephen Guilfoyle analyze the U.S. economy as the Fed signals rate hikes won't end anytime soon on 'The Claman Countdown.'
Rep. Abigail Spanberger, D-Va., said Thursday that she will reintroduce a bill cosponsored by Rep. Chip Roy, R-Texas, that would ban members of Congress fromThe Transparent Representation Upholding Service and Trust in Congress Act, which was originally proposed in 2020, would require lawmakers to place certain investments in a blind trust.
Spanberger has argued that the bill would prevent insider trading and restore Americans' confidence in their elected officials. and their investments, this bill would prevent Members of Congress from profiting off their influence and access to information on Capitol Hill," Spanberger previously said in a statement. Sens. Jon Ossof, D-Ga., and Mark Kelly, D-Ariz., introduced the Ban Congressional Stock Trading Act last year, which is based on the TRUST in Congress Act.
Rep. Nancy Pelosi, D-Calif, who was Speaker of the House when the bill was first introduced, said in December 2021 that the U.S. is "a free market economy" and lawmakers should "be able to participate in that." from watchdogs and the media, later voiced her support for the measure, but said it should include the judicial branch and be implemented across the federal government.
Paul Pelosi and Nancy Pelosi attend the 2018 White House Correspondents' Dinner at Washington Hilton on April 28, 2018 in Washington, DC.