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[link removed] [[link removed]] John,

As a former staffer on the House Ethics Committee, congressional ethics is near and dear to my heart. That’s why even in the middle of CREW’s biggest legal battle ever—preparing to go to the Supreme Court to enforce Donald Trump’s disqualification from the ballot—I wanted to take a moment to email you about banning congressional stock trading.

CREW has been advocating for a ban on members of Congress (and their spouses) owning and trading individual stocks for YEARS now.

And here’s why: We keep seeing new stories that prove that the current approach is not working.

Business Insider: 78 members of Congress have violated a law designed to prevent insider trading and stop conflicts-of-interest

New York Times: These 97 Members of Congress Reported Trades in Companies Influenced by Their Committees

We simply can’t depend on transparency to discourage members from making stock trades based on inside information. And we can’t depend on $200 fines per trade to act as a real deterrent.

It’s obvious that we need real reform, and the American people agree. A poll [[link removed]] from this summer found that 86% of Americans across the political spectrum favor banning members of Congress from trading individual stocks.

When was the last time 86% of Americans agreed on anything?

We’re working with members across the political spectrum to get this reform done, and we don’t hesitate to file complaints when members disregard their ethics obligations. Here’s a sampling of our work to ban congressional stock trading:

*
I
joined
an
Instagram
Live
with
Rep.
Katie
Porter
last
week.
*
We
filed
[[link removed]]
a
complaint
against
Rep.
Mike
Garcia
for
failing
to
disclose
his
sale
of
Boeing
stock
before
his
last
election.
*
We
laid
out
[[link removed]]
the
provisions
that
would
give
a
congressional
stock
trading
ban
real
teeth.
*
We
endorsed
[[link removed]]
a
bill
that
was
introduced
by
Rep.
Raja
Krishnamoorthi,
Rep.
Fitzpatrick,
Rep.
Ocasio-Cortez
and
Rep.
Gaetz
(not
your
typical
coalition).
*
We
mobilized
[[link removed]]
a
group
of
26
nonprofits
to
urge
Congress
to
act.
*
I
testified
[[link removed]]
before
the
House
Administration
Committee
last
year.

If you want to serve in Congress, you should be focused on your constituents, not on day trading. It’s as simple as that.

If you would like to support CREW’s work fighting for bipartisan ethics congressional ethics reform, we would really appreciate it. [[link removed]]

If you've saved your payment information with ActBlue Express, your donation will go through immediately:

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Thank you!

Donald Sherman
Executive Vice President and Chief Counsel
CREW
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CFC 42218
Citizens for Responsibility and Ethics in Washington
PO Box 14596
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