Political Figure Advocates for Legislative Reform
Roy Cooper, who previously served as North Carolina's governor and is now campaigning for a U.S. Senate seat, has publicly endorsed a proposal to restrict stock trading activities among federal lawmakers and high-ranking executive branch personnel.
This issue has gained traction in Washington, with recent congressional hearings exploring the potential ban. Bipartisan support has been growing among both Republican and Democratic leaders.
In a recent statement, Cooper expressed concerns about public confidence in elected officials. "A lot of people just don’t trust Washington politicians. That’s because too many of them look after themselves, and not the people they’re supposed to serve," he said. "But leaders are elected to serve the people they represent, not to trade a company’s stock on insider knowledge to get rich. It’s past time to ban individual stock trading for members of Congress and top Executive Branch officials."
Public Opinion Supports Restrictions
Research conducted this year by University of California at San Diego scholars revealed that over 86 percent of voters would favor prohibiting congressional members from engaging in stock trading.
