EXCLUSIVE : While the House successfully moved to rein in lawmakers’ stock trading, a California Republican is targeting what she says is another avenue for congressional self-enrichment, citing members whose wealth has multiplied over the years.
Rep. Young Kim’s Stop Congressional Self-Enrichment Resolution comes after a successful GOP-led effort in July that imposed restrictions on stock purchases and requires several days’ notice before stock sales. It also comes as Americans across the political spectrum remain frustrated by many lawmakers’ rapidly growing wealth while in public office.
“It could be earmarking a nonprofit organization…
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