Speaker Mike Johnson (R-La.) supports banning members of Congress from trading stocks, a significant step in the bipartisan effort that’s long faced obstacles getting past leadership and into law.
“I’m in favor of that, because I don’t think we should have any appearance of impropriety here,” Johnson told reporters Wednesday. A number of good government groups and members on the left and right say lawmakers’ market moves can risk insider trading and undermine Americans’ trust in Congress.
Johnson did temper his support, saying “I understand people that have misgivings about that so we’ll see where it lands.” But the backing ...