'We Shouldn't Be Here Day Trading': Josh Hawley Supports Bill To Ban Lawmakers From Trading Stocks

3 months ago

During a Senate Homeland Security Committee business meeting, Sen. Josh Hawley (R-MO) spoke about a bill that would prohibit lawmakers from holding and trading stocks.

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00:00And now I'd like to recognize Senator Hawley for his comments

00:03Thank you very much. Mr. Chairman, and thank you for working so diligently on this

00:09and

00:11Accommodating my my many suggestions and concerns over a period of months to make this the strongest possible bill

00:17I think it's a terrific bill senator Scott threatened me a moment ago that if I made a lengthy statement

00:21We might lose his vote. So I will I will be extremely brief

00:26I just want to point out that the the historic nature of this finally getting to a vote

00:30There's been a lot of talk about banning stock trading by members of Congress never have we been able to get a vote

00:34We're gonna get that vote today

00:35And I just think that this is such a simple proposition

00:38The American people when I go home and I say to folks they asked me about stock trading. Here's the thing that absolutely

00:43Stuns them. They can't believe that it's legal already. They can't believe we can currently do it

00:47Most members of the public think it's already banned and when I say actually it's a hundred percent legal

00:52They say why and there's no good answer to that question. We should be here to focus on the public's business not private gain

01:00We shouldn't be here day trading. We shouldn't be here focusing on our stock portfolios

01:03We should be here doing what the American people sent us to do and that's what this bill is about

01:08With that I yield back. Mr. Chairman

'We Shouldn't Be Here Day Trading': Josh Hawley Supports Bill To Ban Lawmakers From Trading Stocks

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