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John,

Sign the petition: Ban members of Congress from buying and selling individual stocks.

The petition to Congress reads:

"Pass legislation to ban members of Congress from buying and selling individual stocks."

As news of the COVID-19 pandemic and its inevitable consequences began to circulate early in 2020, millions of Americans watched the value of their stocks and retirement accounts erode.

Yet what was a crisis for some turned out to be an opportunity for lawmakers like former Georgia Sen. David Perdue. In January of 2020, the senator sold up to $5 million of Cardlytics stock at $86 a share. Two months later, after the stock had crashed, he dove back in, repurchasing thousands of shares at $30 each.

Now, some members of Congress – including Perdue's successor, Senator Jon Ossoff – are trying to pass legislation that would make it illegal for lawmakers to actively trade stocks altogether. It’s a smart policy that’s long overdue.

Sign the petition urging Congress to ban lawmakers from trading stocks. Add your name to the petition now.

Stock trades by members of Congress – particularly those like Sen. Purdue’s – raise suspicions of insider trading and impropriety. The STOCK Act of 2012 tries to address this by prohibiting politicians from using nonpublic information to personally benefit in the stock market. However, it stops short of banning them from making trades altogether. So while the rest of us are navigating our finances without a map, unscrupulous politicians still have the opportunity to profit in the market from insider knowledge only they have access to.

SIGN THE PETITION

Sen. Ossoff's bill, the Ban Congressional Stock Trading Act, would require legislators, their spouses, and dependent children to place their stock portfolios into blind trusts. If passed, the legislation would not allow lawmakers to use insider information to trade stocks and make money.

The fight to ban members of Congress from trading stocks picked up serious momentum last year, but the bill was never brought to the floor of the House or Senate for a vote. Now it’s time to build grassroots support to put it over the finish line.

Sign the petition telling Congress to ban lawmakers from trading stocks now.

Thank you for supporting better ethics in government,

Cliff

ADD YOUR NAME

Cliff Schecter

President, Blue Amp Action

Amplify Good

Blue Amp Strategies
1776 Mentor Ave. #411 | Norwood, Ohio 45212
513.438.0171 | [email protected]

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About BlueAmp Action:

We cannot sugarcoat the current situation. Right-wing authoritarianism, defeated by a worldwide coalition during WWII, was only in hibernation. Over the past decade it has infected democratic societies--including ours. It is as simple as it is terrifying: What we do now will define the future of our country and world.

We at Blue Amp Action are dedicated to liberal, open societies, where reason and science are applied to solve our problems; where civil rights--including voting rights!--are protected for all. We fight for these values every day. Speaking up on our platforms, raising the voices and the political prospects of liberal pols and pundits.

And savvy grassroots activists like you know, just like we do, that we can’t stop watching the people we help elect: after the elections, we have to keep organizing support for the policies we like and pushing back against the ones we don’t.

When the public tunes out between elections and the only people our elected officials hear from are the paid lobbyists of wealthy corporations, our government stops being accountable to the needs of ordinary families.

Democracy never sleeps, and neither can we.

So we ask that you support our work, so we can continue to engage in this fight every moment of every day. So our kids grow up in democracy, not dystopia.

Thank you for your support for all we do! Please follow Cliff Schecter on Twitter @cliffschecter, or subscribe to The Takedown with Cliff Schecter on YouTube, to keep up to date with this battle for the heart and soul of our country.

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