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Dear Progressive Secretary Supporter

Here is another opportunity to make your voice heard. Progressive Secretary is “Activism Made Easy.”

Our letter supports campaigns by Daily Kos, The Juggernaut Project, Civic Shout, Progress America, and others. It asks Congress to enact a law prohibiting legislators from trading individual stocks.

On the corporate level, this would be “insider trading.” Politicians use the information they access because of their committee assignments to enrich themselves.

Speaker Pelosi indicated that such a bill is ready to come to a vote this month (September 2022), and The Business Insider reports that it may come up for a vote during the week of September 25th. We will send your email letter to your House member.

The New York Times reported that in the past three years, 97 lawmakers or their family members have bought or sold financial assets that could constitute conflicts of interest. That includes both Republicans and Democrats.

A bipartisan group of House members proposed a framework for legislation addressing the insider-trading problem in Washington. They sent Speaker Pelosi and Minority Leader McCarthy a letter outlining their proposal.

In addition to banning individual stock trades by Congress members and their families, the group outlined means of divestiture and enforcement mechanisms. They also noted that legislation must omit “any gimmicks, carveouts, or exemptions that undercut the purpose of this legislation.” 

I strongly support such legislation and ask that you do, too. 

Click here to send this letter or to learn more (you can edit the letter in the next step if you wish).

Sincerely,

Kathie Turner, Executive Director


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