House of Representatives ·
Stop Insider Trading Act
“I support this bill to ban members of Congress from trading stocks. Last year, lawmakers in both parties made over 13,000 stock trades worth more than 600 million dollars. I do not own any stocks because public service is about giving, not getting rich.”
“Mr. Speaker, I thank the gentleman for his leadership and his dogged determination to bring this to the floor. Mr. Speaker, I am a proud original cosponsor of not only this bill but every other bipartisan bill that is not here. The record for me is clear on this. Last year alone, Members made, according to my count, over 13,000 trades, totaling over $600 million with 202 representatives and 56 senators trading, both Republican and Democrat. Every single year, at some point, somebody publishes a list of the Members that were most successful in trading. You will never see my name on there because I don’t own any stock, no commodities, no crypto, none of it, because, Mr. Speaker, I came here to serve. If you know anything about service, you know service is about sacrifice. Service isn’t about what you can get. It is about what you can give. Mr. Speaker, I thank the sponsor, the chairman, the author of this bill, for his dogged determination. I am glad we are going to vote on it, and everybody is going to see.”
Mr. Speaker, I thank the gentleman for his leadership and his dogged determination to bring this to the floor. Mr. Speaker, I am a proud original cosponsor of not only this bill but every other bipartisan bill that is not here. The record for me is clear on this. Last year alone, Members made, according to my count, over 13,000 trades, totaling over $600 million with 202 representatives and 56 senators trading, both Republican and Democrat. Every single year, at some point, somebody publishes a list of the Members that were most successful in trading. You will never see my name on there because I don’t own any stock, no commodities, no crypto, none of it, because, Mr. Speaker, I came here to serve. If you know anything about service, you know service is about sacrifice. Service isn’t about what you can get. It is about what you can give. Mr. Speaker, I thank the sponsor, the chairman, the author of this bill, for his dogged determination. I am glad we are going to vote on it, and everybody is going to see.