Outstanding Ep. 61: Public Good or Personal Gain – Should Congress Members Own Their Own Stocks?
Why is it that many congressional members take office being relatively poor and then slowly amass large sums of money over time? Joining host Joseph Backholm to discuss members and their personal stocks is FRC Action’s Matt Carpenter. Recently, two members of Congress proposed a policy amendment that would ban congress members from owning or trading individual stocks. Due to their influential and powerful positions, congressmen and women can be exposed to crucial information that would help them pad their own financial portfolios. Looking at Nancy Pelosi’s visit to Taiwan and other financial disclosure forms Matt and Joseph ask the question - What are the motives for individuals pursuing congressional and senate seats? The public good or personal gain?
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