Stop Insider Trading Act

Floor Speech

BREAK IN TRANSCRIPT

Mr. KRISHNAMOORTHI. Mr. Speaker, I rise in opposition to H.R. 7008.

Mr. Speaker, I have helped lead bipartisan efforts to ban stock trading by Members of Congress, and I am deeply frustrated that the majority refuses to take the issue seriously enough at this crucial time when Congress' stock is at an all-time low.

We should not be playing partisan games on this. The Republican majority is pushing a bill that still allows Members of Congress to hold, sell, and even buy certain individual stocks. They have paired it with the SAVE America Act, a voter suppression measure, that would make it harder, not easier, for Americans to participate in our elections.

I agree with Congressman Roy on this particular point that we should have an up-or-down vote on the bipartisan Restore Trust in Congress Act, which we have all supported, which has over 200 signatures, I believe, as a discharge petition. It finally bans trading by Members of Congress, their spouses, and dependent children.

Mr. Speaker, Congress is not a casino, and it is time we proved it.

BREAK IN TRANSCRIPT

Source