In a significant move to address potential conflicts of interest in government, US Representative Ro Khanna has announced plans to introduce legislation that would prohibit all elected officials from engaging in stock and cryptocurrency trading. The proposed bill aims to establish clear ethical boundaries for public servants, preventing financial activities that could compromise their decision-making processes while in office.
The initiative comes amid growing public concern about the intersection of personal investments and policymaking responsibilities. Representative Khanna’s proposal specifically targets trading in both traditional equities and digital assets, recognizing the increasing relevance of cryptocurrency markets in the contemporary financial landscape. This comprehensive approach seeks to eliminate any appearance of impropriety that might arise from elected officials’ participation in these volatile markets.
If enacted, the legislation would represent one of the most substantial reforms to government ethics regulations in recent years. The bill underscores the importance of maintaining public trust in democratic institutions by ensuring that elected representatives’ financial interests remain separate from their governmental duties. This proposal follows similar ongoing discussions in Congress about implementing broader trading restrictions for federal officials and their immediate family members.
