The MeidasTouch Podcast Senator Mark Kelly on Introducing Bill to Ban Congressional Stock Trading
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May 23, 2025 
Democratic Senator Mark Kelly from Arizona, co-sponsor of the Ban Congressional Stock Trading Act, discusses vital legislation aimed at ending insider trading among lawmakers. He highlights ethical accountability and its importance in restoring public trust. Kelly critiques economic policies favoring the wealthy and addresses the impact of a salary freeze on Congress. He emphasizes the stark wealth divide and its implications for middle-income Americans, while also voicing concerns over national security and the need for ethical leadership in a changing global landscape.
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Congressional Stock Trading Abuse
- Members of Congress engaging in stock trading exploits non-public information for personal gain.
- This issue is bipartisan, undermining the principle that public servants should serve the public, not profit personally.
Ban Insider Trading in Congress
- Members of Congress should place their assets into blind trusts to avoid trading on insider knowledge.
- Legislation introduced by Senators Kelly and Ossoff aims to mandate this for all 535 Congress members.
Budget Priorities Deepen Inequality
- Current U.S. budget priorities favor enriching billionaires while imposing hardships on vulnerable populations.
- This exacerbates inequality and harms middle- and low-income families, as rich people pay disproportionately less tax.