Here’s something that President Obama laid out in his State of the Union that I think deserves special attention:
Send me a bill that bans insider trading by members of Congress; I will sign it tomorrow. Let’s limit any elected official from owning stocks in industries they impact. Let’s make sure people who bundle campaign contributions for Congress can’t lobby Congress, and vice versa—an idea that has bipartisan support, at least outside of Washington.
Recent news reports have raised questions about whether members of Congress are profiting from inside information about the very businesses they’re supposed to be regulating—information about pending legislation that could move markets and generate investor profits.
The President offered one simple fix: end insider trading by members of Congress, extending the rules that apply to anyone else whose jobs give them access to sensitive information about businesses.
If you think this simple effort at good government should be a priority during this campaign, it’s up to you to speak out. Say you support the President and spread the word.
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