Biden calls for ban on congressional stock trading
President Joe Biden has endorsed a ban on congressional stock trading in an interview that’s being released this week
By CHRIS MEGERIAN
Published - Dec 17, 2024, 11:10 AM ET
Last Updated - Dec 17, 2024, 11:11 AM EST
WASHINGTON (AP) — President Joe Biden endorsed a ban on congressional stock trading in an interview that’s being released this week, belatedly weighing in on an issue that has been debated on Capitol Hill for years.
“Nobody in the Congress should be able to make money in the stock market while they’re in the Congress,” Biden said.
The interview was conducted by Faiz Shakir, a political adviser for Sen. Bernie Sanders, and published by A More Perfect Union, a pro-labor advocacy and journalism organization. The Associated Press reviewed a video of the interview before its release.
It’s unclear what impact Biden’s statement could have, coming only a month before his term ends.