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@politics on kbin.social is a magazine to share and discuss current events news, opinion/analysis, videos, or other informative content related to politicians, politics, or policy-making at all levels of governance (federal, state, local), both domestic and international. Members of all political perspectives are welcome here, though we run a tight ship. Community guidelines and submission rules were co-created between the Mod Team and early members of @politics. Please read all community guidelines and submission rules carefully before engaging our magazine.

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Senators introduce bipartisan ban on stock ownership for executive and legislative branch office holders and their families | CNN Politics (edition.cnn.com)

submitted 1 year ago by Col3814444@kbin.social to c/politics@kbin.social

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New York Democratic Sen. Kirsten Gillibrand and Missouri Republican Sen. Josh Hawley are introducing bipartisan legislation that would prevent members of the executive and legislative branches — as well as their spouses and children — from trading individual company stocks.

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[–] stanleytweedle@lemmy.world 1 points 1 year ago (1 children)

People elected to federal government are already entitled to salaries they can comfortably live on. And they should really be living on that exclusively while serving.

It's amazing to me how passionately people I've known personally will defend politicians 'right' to effectively profit from their service far beyond their salaries. Arguments like "If we don't let them earn more money talented people won't enter politics" and "It's not fair to punish them for being successful". It's just insane to me.

[–] blazera@kbin.social 1 points 1 year ago

just one of those symptoms of the belief that only money=success.