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house Bill H.R. 2277

Banning Members of Congress From Accessing Exclusive Stock Deals Not Available to the General Public

Argument in favor

Members of Congress shouldn’t have access to exclusive deals that let them buy or sell stocks at better prices than the general public, it’s unethical and a violation of public trust.

Devendra's Opinion
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10/06/2017
Members of Congress should not be able to use their position to gain personal profit. This bill will help make it clear that members of Congress have one focus, to serve the people of their state or district.
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David's Opinion
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10/06/2017
The ruling elite should be treated no different than an average American.
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Ticktock's Opinion
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10/06/2017
Yes! Yes and band their staff as well. They should have no better access than the general public. They should be band from insider trading. Billions have been wasted because Congress and their staff has seen an opportunity to serve themselves at the public’s expense in order to get rich. This has become a racket. While I worked for the government I saw it occur numerous times and always at the public’s expense.
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Argument opposed

There’s already a ban on insider trading by members of Congress, there’s no need to also prohibit lawmakers from getting discounts or other exclusive stock deals.

operaman's Opinion
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10/06/2017
I’m sure this is FRAUD, unless the SEC looks the other way! Equality has never been for the working class, just for our Socialist elite who preach equality.
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Jennifer 's Opinion
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10/06/2017
NO EFFING WAY. How is this even a question??
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William's Opinion
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10/07/2017
This whole thing is absurd! Congress deserves no special treatment. They MUST abide by the laws that all Americans are subject under. Publicly traded companies can be traded publicly and not in secret. Making special deals is a betrayal of trust to their shareholders, and nothing less than a “whitewashed” bribe to anyone else, outside the company. Special programs to encourage employees to invest more in the company is a great thing for both the employees and the company! However, I don’t think this is what needs to be addressed, and we already have laws covering bribery and insider trading. The SEC needs to do its job to STOP illegal trading and QUESTION any suspicious trading - especially when it involves elected officials. Elected officials need to consider every decision and refrain from any actions that impune their character or would bring discredit upon their constituents.
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bill Progress


  • Not enacted
    The President has not signed this bill
  • The senate has not voted
  • The house has not voted
      house Committees
      Committee on Financial Services
    IntroducedMay 1st, 2017
    Members of Congress should not be able to use their position to gain personal profit. This bill will help make it clear that members of Congress have one focus, to serve the people of their state or district.
    Like (335)
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    I’m sure this is FRAUD, unless the SEC looks the other way! Equality has never been for the working class, just for our Socialist elite who preach equality.
    Like (41)
    Follow
    Share
    The ruling elite should be treated no different than an average American.
    Like (128)
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    Share
    Yes! Yes and band their staff as well. They should have no better access than the general public. They should be band from insider trading. Billions have been wasted because Congress and their staff has seen an opportunity to serve themselves at the public’s expense in order to get rich. This has become a racket. While I worked for the government I saw it occur numerous times and always at the public’s expense.
    Like (75)
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    Congress should have the same thing that general public have. There should be no difference!
    Like (52)
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    Exclusive stock prices or discounts that are not available to members of the general public only increase the public impression that the government is acting immorally or unethically. The Congress has already exempted themselves from rules the general public is subject to (ex. university repayment, being paid in a govt shutdown), Congress should not also have the capacity to profit from stocks, again it greatly increases the perception of government as elites who play by different rules than the working public.
    Like (48)
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    What is illegal for the people should be illegal for the people’s representatives.
    Like (41)
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    CONGRESS WORKS FOR US!! If they want INSIDER TRADING THEN THEY SHOULD GO TO JAIL
    Like (37)
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    This should apply to their staff and family members as well.
    Like (32)
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    I find the longer I’m a member of COUNTABLE the madder I get when I read things like congress getting sweetheart stock deals. I should take up a new hobby... LIKE RUNNING FOR OFFICE AND GETTING THE EFFING CORRUPTION CLEANED UP!
    Like (23)
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    Unfair practice. The reps didn't get elected to have a license to enrich themselves.
    Like (18)
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    If they are something special, please let me know, because I assumed all citizens were equal, yeah except for healthcare, parking, franking, social security, pensions, and any other laws they seem to think are fine for us!
    Like (17)
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    DUH! Why is this not a law already?
    Like (16)
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    Insider trading is insider trading...call it what you want, but they have data, information not generally available to the general public..
    Like (15)
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    Members of Congress are just that. They are not special or superhuman or entitled. They should have no special privileges period much less discounts on stocks.
    Like (13)
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    Especially with this Congress, they should never have the opportunity to take even more advantage of their position.
    Like (9)
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    Agree that, “Members of Congress shouldn’t have access to exclusive deals that let them buy or sell stocks at better prices than the general public, it’s unethical and a violation of public trust.”
    Like (8)
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    Insider trading, which is what this is, should not be available to congress or anyone else. PERIOD
    Like (7)
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    We actually have to litigate this? Our government is hopelessly corrupt at this point.
    Like (7)
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    I want to know why this sort of insider trading wasn’t banned decades ago?
    Like (6)
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