Several senators appear to have cashed in on inside information by selling millions of dollars of stock following Congressional coronavirus briefings, days ahead of the stock market crash.
An important update from Citizens for Responsibility and Ethics in Washington

John,

Several senators appear to have cashed in on inside information by selling millions of dollars of stock following Congressional coronavirus briefings, days ahead of the stock market crash.

We filed an ethics complaint, but we also need to prevent this from happening in the future. To fix the problem and put to rest any doubt about whether members of Congress are profiting from insider knowledge, members of Congress should be banned from owning or trading individual stocks while in office.

The public should not have to wonder whether their elected officials are more focused on their own personal profits or on the public interest. Sign on now and call for Congress to ban members of Congress and senior government officials from owning or trading individual stocks.

Congress passed the STOCK Act in 2012, which strengthened insider trading laws for Congress and required disclosures of large stock trades—the same disclosures that revealed questionable trades by senators following the coronavirus briefing. However, the STOCK Act has numerous loopholes.

It’s time to fix the loopholes. Members of Congress must not be allowed to profit from inside knowledge. Add your name and join the call for banning owning or trading individual stocks by members of Congress!

Thank you,

The CREW Team


Citizens for Responsibility and Ethics in Washington
1101 K St NW, Suite 201
Washington, DC xxxxxx

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