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What will be the level of support in Congress for the stock trading ban by June 30, 2025?
1
Resolution / Starting Odds
Majority Support • 25%
Majority Oppose • 25%
Evenly Split • 25%
Uncertain • 25%
Public statements by Congress members and voting records
Story
Biden Urges Ban on Congressional Stock Trading After Lawmakers Earned $204 Million
Dec 17, 2024, 05:52 PM
President Joe Biden has endorsed a ban on congressional stock trading, stating that "nobody in Congress should be able to make money in the stock market while they're in the Congress." In an interview set to be released this week, Biden emphasized, "I think we should be changing the way the system works" to restore public trust in lawmakers. He called out members of Congress who leverage their "inside track" for financial gain, highlighting concerns over ethics and transparency. This marks the first time Biden has publicly taken a stance on the issue, which has been debated on Capitol Hill for years. According to estimates by Quiver Quantitative, members of Congress have made approximately $204.4 million in the stock market this year.
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Rejected by Congress • 25%
No vote taken • 25%
Passed but vetoed by President • 25%
Passed and signed into law • 25%
No vote held • 33%
Passed into law • 33%
Rejected • 33%
Evenly split • 25%
Majority support • 25%
Insufficient data • 25%
Majority oppose • 25%
Passed and enacted • 25%
Passed but not enacted • 25%
Not passed • 25%
No vote held • 25%
No majority support • 25%
Democratic support • 25%
Republican support • 25%
Bipartisan support • 25%