House Speaker Mike Johnson expressed support for banning members of Congress from trading stocks, citing the need to avoid any perception of impropriety. However, he acknowledged the financial challenges faced by lawmakers whose salaries have remained stagnant since 2009. He conveyed sympathy for those who argue that allowing stock trading could help members financially support their families. Johnson firmly stated that there would be zero tolerance for insider trading and that Congress would take responsibility to eliminate any such advantages.
I'm in favor of that, because I don't think we should have any appearance of impropriety.
Look, at least let them, like, engage in some stock trading, so that they can continue to, you know, take care of their family.
We have no tolerance for anything even resembling insider trading, or any of this kind of advantage that anybody can take, zero tolerance for it.
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