House Speaker Mike Johnson said that members of Congress should be able to continue owning stocks.
He suggested that a stock trading ban could discourage people from running for office.
Earlier this year, Johnson expressed support for a ban, citing the “appearance of impropriety.”
Have funds in an index fund but not specific stocks.
I could accept owning stock, but no buying or selling as of the moment you register as a candidate until a year out of office
That’s still a conflict of interest - while it would prevent trading on insider information, it does enable making decisions what will increase returns on your investment.
There’s an entire universe of indirect investments where you’re not directly involved in decisions. That should be the requirement