Washington, June 24 -- Congresswoman Maggie Goodlander issued the following press release:
Today, Congresswoman Maggie Goodlander (NH-02) introduced the Public Service Accountability Act, sweeping bipartisan ethics legislation to restore public trust by prohibiting senior officials across all three branches of our government from trading individual stocks or betting on prediction markets for the duration of their federal service.
Insider trading is illegal under federal law - but loopholes, toothless penalties, and weak enforcement have created the conditions for senior U.S. officials to personally profit off positions of public trust. Today's legislation, introduced with Congressman Brian Fitzpatrick (R-PA), has been proposed to expressl...