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.
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