Following a report on congressional stock trading, outlets across the spectrum are publishing articles about pushback against congress members with acute insight of economic headwinds engaging in stock trading.A report from the New York Times this week outlined how “members of Congress continue to buy and sell stocks and other financial assets in industries that intersect with their official duties.
Lewis argued that banning congress members from trading stocks would help restore public trust, writing, “There is an increasing sense that the game is rigged for the politically connected—for good reason.” Lewis argues that “this sense of privilege helps fuel the outrage that makes the American political game dangerous and the concept of liberal democracy tenuous.”In recent years, efforts to pass legislation to prohibit congress members from trading stock have stalled in congress.