Amid concerns over insider trading, Johnson says a stock ban would deter “good people” from running for office.

Amid pressure from both Democrats and members of his own party, Republican Speaker of the House Mike Johnson (Louisiana) insisted he was in favor of stricter rules regarding insider trading in Congress, but stopped short of expressing support for an outright ban on stock trading for lawmakers. The statement from Johnson, reported on by Punchbowl News’s Jake Sherman…

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  • rc__buggy@sh.itjust.works
    4·
    4 days ago

    “We don’t want people cheating the system and abusing their office,” Johnson told reporters on Wednesday. “So there’s probably a way to do that that still allows for lawful conduct by members.”

    Mike Johnson is being a willfully ignorant asshole because you KNOW he knows what a mutual fund is.