House Minority Leader Kevin McCarthy Considers Banning Stock Trades in Congress if Republicans Win Majority

House Minority Leader Kevin McCarthy is considering limiting or prohibiting members of Congress from trading individual stocks while in elective office if Republicans win the majority in November, a source familiar with the matter told FOX Business. The plan, first reported by Punchbowl News, puts McCarthy, R-Calif., directly at odds with House Speaker Nancy Pelosi, D-Calif., who has defended the practice – even though critics say it gives lawmakers the chance to profit off inside information gleaned through their official duties. 

Wow, hate McCarthy all you want, but this right here would be a great move.

RELATED: Kevin McCarthy says he’ll strip top Democrats of committee assignments if GOP takes control of House

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