Speaker Mike Johnson publicly voiced his support on Wednesday for a ban on members trading individual stocks, fueling a push that has picked up support from key players in recent months.
“I’m in favor of that because I don’t think we should have any appearance of impropriety here,” the Louisiana Republican said Wednesday at a press conference, when asked about bipartisan talks in the House on banning congressional stock trading.
Prior to Wednesday, Johnson had refrained from speaking out on the stock trading issue, which has drawn increasing public scorn since 2020, when a series of dubious trades made by members at the outset of the pandemic prompted a federal investigation.