Legislators trading individual stocks is an ethical disaster

In late September, the ethics watchdog group Campaign Legal Center cited seven members of Congress for massive failures to disclose their stock trades. This is a bipartisan problem. The Campaign Legal Center report named and shamed House representatives Cindy Axne (D-Iowa), Warren Davidson (R-OH), Lance Gooden (R-TX), Bobby Scott (D-VA), Thomas Suozzi (D-NY), Roger Williams (R-TX) and Michael San Nicholas (D-Guam). These seven engaged in hundreds of thousands of dollars in stock trading without reporting them.

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