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What will be the outcome of Biden's push for a congressional stock trading ban by December 31, 2025?
2
Resolution / Starting Odds
Ban Passed • 25%
Ban Rejected • 25%
No Action Taken • 25%
Other Outcome • 25%
Official Congressional records and news reports
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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Passed into law • 33%
Rejected • 33%
No vote held • 33%
No vote taken • 25%
Passed and signed into law • 25%
Passed but vetoed by President • 25%
Rejected by Congress • 25%
No vote held • 25%
Passed and enacted • 25%
Not passed • 25%
Passed but not enacted • 25%
No • 50%
Yes • 50%
Majority support • 25%
Insufficient data • 25%
Evenly split • 25%
Majority oppose • 25%