Rep. Anna Paulina Luna (R-Fla.) is stepping up her campaign to shut down active stock trading in Congress, pushing for a blanket ban that would bar lawmakers from indulging in such activities.
An ‘Outright Ban’ On Congressional Stock Trading
Luna stated bluntly that claims of there being no insider trading on Capitol Hill were “B.S.,” pointing to the unusually high returns generated by several lawmakers, while appearing on Fox Business’ “Kudlow” on Thursday.
According to her, “most members are making 600% returns after they are aware of information [and] how it’s going to pass,” a pattern she says undermines public trust.
