{"id":27029,"date":"2026-09-21T15:24:22","date_gmt":"2026-09-21T15:24:22","guid":{"rendered":"https:\/\/koshalsambada.in\/?p=27029"},"modified":"2026-09-21T15:24:22","modified_gmt":"2026-09-21T15:24:22","slug":"trump-traded-more-securities-than-all-congress-backs-stock-buying-ban-for-all-congress-lawmakers-but-not-president","status":"publish","type":"post","link":"https:\/\/koshalsambada.in\/?p=27029","title":{"rendered":"Trump traded more securities than all Congress; backs stock-buying ban for all Congress lawmakers, but not president"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div>\n<div class=\"e9jwa\">\n<div class=\"vdo_embedd\">\n<div class=\"GfdvZ\">\n<section class=\"_bIDB  clearfix id-r-component leadmedia undefined undefined  E9tg9 \" style=\"top:0px\">\n<div class=\"_bIDB\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"ypVvZ\">\n<div class=\"WGttI\"><img src=\"https:\/\/static.toiimg.com\/thumb\/msid-134392052,imgsize-53454,width-400,height-225,resizemode-4\/donald-trump.jpg\" alt=\"Trump traded more securities than all Congress; backs stock-buying ban for all Congress lawmakers, but not president\" title=\"The sharp increase in presidential trading has renewed concerns about possible conflicts of interest. (AP file photo)\" decoding=\"async\" fetchpriority=\"high\"\/><\/div>\n<\/div>\n<\/div>\n<div class=\"Ta7d_ img_cptn\"><span title=\"The sharp increase in presidential trading has renewed concerns about possible conflicts of interest. (AP file photo)\">The sharp increase in presidential trading has renewed concerns about possible conflicts of interest. (AP file photo)<\/span><\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n<p>Did you know that US President <a href=\"https:\/\/timesofindia.indiatimes.com\/topic\/donald-trump\" styleobj=\"[object Object]\" class=\"\" commonstate=\"[object Object]\" frmappuse=\"1\" target=\"_blank\" rel=\"noopener\">Donald Trump<\/a> has carried out more securities trades than all members of Congress combined since his return to the White House in January 2025? Interestingly, he supports legislation that would prohibit lawmakers from buying and selling stocks without imposing the same restriction on the president.<span class=\"id-r-component br\" data-pos=\"4\"\/>A majority of Americans support prohibiting lawmakers from trading stocks. President Donald Trump himself backed a ban that would restrict members of Congress but leave him outside its scope.<span class=\"id-r-component br\" data-pos=\"6\"\/>A Bloomberg review of financial disclosures found that Trump or his money managers made nearly 28,700 trades during the 17 months from his second inauguration through the end of June, 2026. In comparison, lawmakers on Capitol Hill reported roughly 22,200 transactions over the same period.<span class=\"id-r-component br\" data-pos=\"10\"\/>The sharp increase in presidential trading has renewed concerns about possible conflicts of interest. The debate has largely focused on whether elected officials could use non-public information when trading, but Kedric Payne of the Campaign Legal Center said that is not the only concern.<span class=\"id-r-component br\" data-pos=\"12\"\/>\u201cEven if they\u2019re not trading the stock on non-public information, they still create the appearance of a conflict of interest because they can still influence the value of the stock through their official duties,\u201d he said.<span class=\"id-r-component br\" data-pos=\"15\"\/><\/p>\n<p><h2>Republicans&#8217; stance<\/h2>\n<\/p>\n<p>Republicans are also seeking to turn opposition to congressional stock trading into a campaign issue ahead of this fall&#8217;s closely watched midterm elections.<span class=\"id-r-component br\" data-pos=\"18\"\/>\u201cThe American people deserve to know that those they elect to public office actually serve the American people and not their own wallets,\u201d Representative Anna Paulina Luna said during a speech at a two-day Republican convention in Dallas last week.<span class=\"id-r-component br\" data-pos=\"20\"\/><\/p>\n<div data-pos=\"0\" class=\"id-r-component iIpbx undefined  &#10;        \">\n<div><img decoding=\"async\" alt=\"Trump trades\" msid=\"134392090\" imgsize=\"704059\" resizemode=\"4\" width=\"\" title=\"Trump trades and the break-up of other lawmakers' trades\" placeholdersrc=\"https:\/\/static.toiimg.com\/photo\/83033472.cms\" offsetvertical=\"0\" placeholdermsid=\"47529300\" type=\"thumb\" class=\"\" src=\"https:\/\/static.toiimg.com\/photo\/imgsize-704059,msid-134392090\/trump-trades.jpg\" data-api-prerender=\"true\"\/><\/p>\n<p>Trump trades and the break-up of other lawmakers&#8217; trades<\/p>\n<\/div>\n<\/div>\n<p>The stock-trading prohibition approved by House Republicans in July applies only to members of Congress, their spouses and dependent children. <!-- -->The president is not covered by the measure. This leaves Trump able to continue trading securities despite having access to a broad range of US intelligence and the ability to affect entire sectors through executive orders or statements on social media.<span class=\"id-r-component br\" data-pos=\"25\"\/>Trump has endorsed the House legislation. In his State of the Union address earlier this year, he urged Congress to approve the measure \u201cwithout delay\u201d so that lawmakers \u201ccannot corruptly profit from using insider information.\u201d<span class=\"id-r-component br\" data-pos=\"28\"\/>Restrictions on stock trading by lawmakers have attracted support across the political spectrum. An Economist\/YouGov poll conducted in May found that three-quarters of US citizens believed members of Congress and other elected officials should not be permitted to trade stocks. A slightly smaller share supported a complete ban.<span class=\"id-r-component br\" data-pos=\"30\"\/><\/p>\n<p><h2>Trump\u2019s investments<\/h2>\n<\/p>\n<p>The White House did not comment on whether Trump supports extending a stock-trading ban to the president. <!-- -->White House spokesman Davis Ingle, however, said Trump&#8217;s investments are managed independently by third-party financial institutions through computer-based model portfolios that track indexes such as the Schwab 1000.<span class=\"id-r-component br\" data-pos=\"35\"\/>\u201cNeither President Trump nor any member of his family has any ability to direct, influence, or provide input regarding how the portfolio is invested or when investments are bought or sold,\u201d he said.<span class=\"id-r-component br\" data-pos=\"38\"\/>Trump has previously criticised lawmakers who have sought to extend restrictions on stock trading to the presidency. Last year, after Senator Josh Hawley introduced legislation that would have applied a congressional stock-trading ban to the president and vice president, Trump attacked the Republican senator.<span class=\"id-r-component br\" data-pos=\"40\"\/>The Missouri senator was a \u201cpawn\u201d who was \u201cplaying right into the dirty hands of the Democrats,\u201d Trump said on the social media platform he owns.<span class=\"id-r-component br\" data-pos=\"43\"\/>\u201cI don\u2019t think real Republicans want to see their President, who has had unprecedented success, TARGETED, because of the \u2018whims\u2019 of a second-tier Senator named Josh Hawley!\u201d Trump said.<span class=\"id-r-component br\" data-pos=\"45\"\/><\/p>\n<p><h2>Trump\u2019s stand<\/h2>\n<\/p>\n<p>Trump has also called for an investigation into stock trading involving former House speaker Nancy Pelosi and her husband, whose technology-heavy portfolio has frequently outperformed the broader market. The family&#8217;s investment choices have become the basis for trading apps and an exchange-traded fund, while also inspiring Hawley&#8217;s legislation, which was initially titled the Preventing Elected Leaders from Owning Securities and Investments Act, or PELOSI Act.<span class=\"id-r-component br\" data-pos=\"49\"\/>Trump is the only US president this century to have disclosed active trading in individual stocks, averaging about 80 trades on each market day. His financial disclosures during his first term were dominated by relatively illiquid real estate assets and other privately held businesses. His portfolio now includes thousands of positions across stocks, bonds and cryptocurrencies.<span class=\"id-r-component br\" data-pos=\"51\"\/>During the first quarter of this year, Trump purchased as much as $1.38 million worth of shares in DoorDash Inc.<span class=\"id-r-component br\" data-pos=\"54\"\/>In April, the food delivery company delivered a McDonald\u2019s order to Trump at the White House. The event became a social-media moment that promoted tax breaks for tipped workers while also providing a lobbying coup for DoorDash. CNN reported that Trump has also promoted companies including Nvidia Corp., Tesla Inc. and 19 other firms within a week of acquiring stakes in them.<span class=\"id-r-component br\" data-pos=\"56\"\/><\/p>\n<p><h2>\u2018Everybody\u2019s profiting\u2019<\/h2>\n<\/p>\n<p>Trump has rejected the suggestion that his trading creates a conflict of interest. <!-- -->\u201cYou know \u2060why I\u2019m profiting?\u201d he told reporters in July. \u201cBecause the stock market\u2019s going up. Everybody\u2019s profiting.\u201d<span class=\"id-r-component br\" data-pos=\"61\"\/>Even a stock-trading prohibition covering members of Congress appears to face significant hurdles. The House measure approved in July was attached to legislation on voter identification that was regarded as a poison pill by Senate Democrats.<span class=\"id-r-component br\" data-pos=\"63\"\/>Hawley was the only Republican on the committee to support his own bill. <!-- -->Other Republicans described the proposal as a \u201cpublicity show\u201d and \u201clegislative demagoguery.\u201d<span class=\"id-r-component br\" data-pos=\"67\"\/>The most significant overhaul of congressional financial ethics rules in recent years came with the Stop Trading on Congressional Knowledge Act of 2012, commonly known as the STOCK Act. However, enforcement has remained limited, with penalties beginning at only $200.<span class=\"id-r-component br\" data-pos=\"70\"\/>Applying a stock-trading ban to the president could prove even harder.<span class=\"id-r-component br\" data-pos=\"73\"\/>\u201cThe way we\u2019ve handled this in the past is through ethics norms, ethics traditions, public and political pressure,\u201d Payne said. While ethics committees or the Department of Justice could enforce a ban applicable to Congress, \u201cit\u2019s questionable how the DOJ would be able to effectively enforce it against the president.\u201d<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/international-business\/trump-traded-more-securities-than-all-congress-backs-stock-buying-ban-for-all-congress-lawmakers-but-not-president\/articleshow\/134391935.cms\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The sharp increase in presidential trading has renewed concerns about possible conflicts of interest. (AP file photo) Did you know that US President Donald Trump has carried out more securities trades than all members of Congress combined since his return to the White House in January 2025? Interestingly, he supports legislation that would prohibit lawmakers [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":27031,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"class_list":["post-27029","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-31"],"magazineBlocksPostFeaturedMedia":{"thumbnail":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/1790004324_donald-trump.jpg","medium":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/1790004324_donald-trump.jpg","medium_large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/1790004324_donald-trump.jpg","large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/1790004324_donald-trump.jpg","1536x1536":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/1790004324_donald-trump.jpg","2048x2048":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/1790004324_donald-trump.jpg","blogsy-small":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/1790004324_donald-trump.jpg","blogsy-small-tall":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/1790004324_donald-trump.jpg","blogsy-small-square":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/1790004324_donald-trump.jpg","blogsy-small-masonry":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/1790004324_donald-trump.jpg","blogsy-medium":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/1790004324_donald-trump.jpg","blogsy-medium-masonry":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/1790004324_donald-trump.jpg","blogsy-large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/1790004324_donald-trump.jpg","blogsy-wide":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/1790004324_donald-trump.jpg"},"magazineBlocksPostAuthor":{"name":"admin","avatar":"https:\/\/secure.gravatar.com\/avatar\/8709732a479614e7a8aa24d3eb1b239f30dc6d90c61464ed495001e7a469d856?s=96&d=mm&r=g"},"magazineBlocksPostCommentsNumber":"0","magazineBlocksPostExcerpt":"The sharp increase in presidential trading has renewed concerns about possible conflicts of interest. (AP file photo) Did you know that US President Donald Trump has carried out more securities trades than all members of Congress combined since his return to the White House in January 2025? Interestingly, he supports legislation that would prohibit lawmakers [&hellip;]","magazineBlocksPostCategories":["\u0b26\u0b47\u0b36 \u0b2c\u0b3f\u0b26\u0b47\u0b36"],"magazineBlocksPostViewCount":1,"magazineBlocksPostReadTime":6,"magazine_blocks_featured_image_url":{"full":["https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/1790004324_donald-trump.jpg",400,225,false],"medium":["https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/1790004324_donald-trump.jpg",300,169,false],"thumbnail":["https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/1790004324_donald-trump.jpg",150,84,false]},"magazine_blocks_author":{"display_name":"admin","author_link":"https:\/\/koshalsambada.in\/author\/admin"},"magazine_blocks_comment":0,"magazine_blocks_author_image":"https:\/\/secure.gravatar.com\/avatar\/8709732a479614e7a8aa24d3eb1b239f30dc6d90c61464ed495001e7a469d856?s=96&d=mm&r=g","magazine_blocks_category":"<a href=\"#\" class=\"category-link category-link-31\">\u0b26\u0b47\u0b36 \u0b2c\u0b3f\u0b26\u0b47\u0b36<\/a>","_links":{"self":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/posts\/27029","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27029"}],"version-history":[{"count":0,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/posts\/27029\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/media\/27031"}],"wp:attachment":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27029"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27029"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27029"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}