WASHINGTON—House Speaker Mike Johnson (R-La.) has announced that he supports legislation to ban members of Congress from trading stocks, which has previously elicited controversy.
“My honest opinion on it: I’m in favor of that. I don’t think we should have any appearance of impropriety here,” Johnson said at a press conference on May 14.
The comments come after a renewed bipartisan push on a ban on the practice. Members of Congress routinely have access to sensitive and even classified information that could influence markets, which some lawmakers say gives them the ability to unfairly profit from their government service....