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Are members of Congress profiting from war?

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With war raging in multiple parts of the world, some members of Congress are trading stocks of defense companies.
Even if those bets don't pay off, they give people the impression that members of Congress are attempting to profit from wars, says Nir Kaissar.
Congress has the authority to declare war, which also raises the possibility that personal financial considerations might partly drive decisions about war and peace. Lawmakers are facing some tough decisions in the US's role in global conflicts, and the American public deserves to feel confident they aren't prioritizing their portfolios.
Banning members of Congress and their families from trading in the stock market is necessary, especially when the stakes are so high.
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#opinion #congress #trading #marketanalysis #wallstreet #washington #war
Even if those bets don't pay off, they give people the impression that members of Congress are attempting to profit from wars, says Nir Kaissar.
Congress has the authority to declare war, which also raises the possibility that personal financial considerations might partly drive decisions about war and peace. Lawmakers are facing some tough decisions in the US's role in global conflicts, and the American public deserves to feel confident they aren't prioritizing their portfolios.
Banning members of Congress and their families from trading in the stock market is necessary, especially when the stakes are so high.
-----------------------------------------
Subscribe to our channel! / @BloombergOpinion
Follow BLOOMBERG OPINION here:
#opinion #congress #trading #marketanalysis #wallstreet #washington #war
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