- The conservative group Convention of States Action conducted a poll where 76% of voters believe lawmakers and their spouses should not be allowed to trade stocks while serving due to their “unfair advantage” in the stock market.
- In a rare moment of bipartisanship, 70% of Democrats, 78% of Republicans, and almost 80% of independents agree that members of Congress should not be allowed to enrich themselves using “insider information.”
- “We are a free-market economy. They should be able to participate in that,” Pelosi stated. A mere 5% of voters agreed with the practice, while 19% had no opinion.
Bryan Metzger from Insider writes:
“An overwhelming majority of Americans believe that members of Congress shouldn’t be allowed to trade stocks while in office, according to a new poll first reported by The Hill.
According to the poll, conducted by the conservative group Convention of States Action, 76% of voters believe that lawmakers and their spouses should not be allowed to trade stocks while serving in Congress, and that they have an “unfair advantage” in the stock market.
Just 5% of voters approved of the practice, while another 19% offered no opinion.
The poll also found that disapproval of congressional stock-trading is overwhelmingly bipartisan; 70% of Democrats, 78% of Republicans, and nearly 80% of independents said members of Congress shouldn’t be able to trade stocks.
“In an era of hyper-partisanship, voters in all parties agree that members of Congress should not be enriching themselves using ‘insider information’ while serving the people,” said the group’s president, Mark Meckler, in a statement. “This issue has received a lot of attention, and this data verifies the American people want this practice to end once and for all…”
See full story here.