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President Biden in a new interview published Tuesday said there should be a ban on members of Congress trading stocks, taking a position on an issue that has entered the spotlight in recent years.
“I don’t know how you look your constituents in the eye and know because the job they gave you gave you the inside track to make more money,” Biden said in an interview with Faiz Shakir, a political adviser for Sen. Bernie Sanders (I-Vt.) who founded the media group A More Perfect Union.
“I think we should be changing the law…that nobody in the Congress should be able to make money in the stock market while they’re in the Congress,” Biden said.
Shakir noted in the interview that Biden did not own stock when he was serving as a senator.
A bipartisan group of senators earlier this year unveiled a plan that would ban the president, vice president and members of Congress from buying stocks and a wide range of other financial assets.
