SIOUX FALLS, S.D. (KELO/AP) — A bill in Washington with bipartisan backing would prevent members of Congress from trading of individual stocks. Among the supporters is South Dakota's only member of the U.S. House Republican Dusty Johnson.
"It looks terrible when a member of Congress will make a big trade on a Thursday only to make a big vote on a Friday," Johnson said Monday. "I think it undermines people's confidence in this government, and we just need to prohibit members of Congress or their spouses or their family members from buying or selling any individual stocks."
The TRUST in Congress Act would require Senators or Representatives, as well as their spouses and dependent kids, to put investments into a blind trust. Johnson is among the bill's 91 cosponsors along with two Minnesota