Tell the Senate: Stop the war profiteering, support the ETHICS Act!
Being a member of Congress has many perks, but padding your stock portfolio shouldn’t be one of them. But right now, members of Congress can trade stocks in any number of companies -- while voting on legislation that can increase the profit margins of the very same industries those laws govern.
Take just one example: Every year, about HALF of an $800 BILLION Pentagon budget flows directly to weapons contractors like Lockheed Martin, Raytheon, Northrop Grumman, and more.
The lawmakers responsible for signing off on that astronomical amount? Many of them hold investments in the same weapons makers.
That’s why what’s happening now is so important. A bipartisan group of senators has set the stage to dismantle this broken status quo with the Ending Trading and Holdings In Congressional Stocks Act (ETHICS) Act.
This groundbreaking bill would end the war profiteering by banning congressional stock trading altogether -- and the Senate Committee on Homeland Security and Government Affairs just pushed this urgently needed legislation past a crucial hurdle.
Now, the stage is set for the ETHICS Act to go to the Senate floor, and when that happens, we need to make sure it passes with the resounding majority it deserves. Your senators' support is a crucial piece of the puzzle -- and that’s why we need you to speak out today.
To members of the 118th Senate: I urge you to support and vote to pass the ETHICS Act (S. 1171), which was voted out of the Senate Committee on Homeland Security and Government Affairs in July. This legislation would ban congressional stock trading and is necessary to restore public trust in Congress by ensuring public policy decisions are made based on the country's best interests, not personal financial gain. Signed, |