Johnson Backs Ban On Stock Trading By US Reps

Politico reports:

Speaker Mike Johnson said Wednesday he supports a ban on stock trading by members of Congress amid controversy about well-timed trades during recent market volatility.

“You want me to tell you my honest opinion on that? I’m in favor of that, because I don’t think we should have any appearance of impropriety here,” he said at a Wednesday news conference. He added that members’ ability to trade had been “abused in the past, and I think sadly, a few bad actors discolor it for everyone.”

Johnson had previously avoided taking sides on the matter, which has divided members in both parties. His new stance lines up with top Democrats including House Minority Leader Hakeem Jeffries, who backed a ban last month.

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JUST IN: Speaker Mike Johnson announces his support for a ban on members of Congress trading stocks.

“Yeah. My honest opinion? I’m in favor of that. Because I don’t think we should have any appearance of impropriety here.”

“We probably should do that because I think it’s… pic.twitter.com/bjpg2UopW9

— Eric Daugherty (@EricLDaugh) May 14, 2025