GOP takes aim at Congress' next 'get filthy rich' loophole after stock-trading ban

EXCLUSIVE: While the House successfully moved to rein in lawmakers' stock trading, a California Republican is targeting what she says is another avenue for congressional self-enrichment, citing members whose wealth has multiplied over the years.Rep.Young Kim's Stop Congressional Self-Enrichment Resolution comes after a successful GOP-led effort in July that imposed restrictions on stock purchases and requires several days' notice before stock sales.

It also comes as Americans across the political spectrum remain frustrated by many lawmakers' rapidly growing wealth while in public office."It could be earmarking a nonprofit organization where a member’s spouse sits on the board of directors or board of trustees, so it will indirectly benefit the family.Or it could earmark for a park at, let's say apartment building that a member or member's spouse or member’s children owns," Kim told Fox News Digital.SENATE QUIETLY BANS LAWMAKERS FROM BETTING ON PREDICTION MARKETSWASHINGTON, DC - MARCH 10: Representative Young Kim, a Republican from California, speaks during a hearing March 10, 2021 on Capitol Hill in Washington, DC.

Blinken is expected to take questions about the Biden administration’s priorities for U.S.foreign policy.

(Photo by Ting Shen-Pool/Getty Images)"And with the federal funds that the member brings and build the park nearby or community center nearby, it could increase the property value and therefore indirectly benefiting the member and their family members.Maybe asking to build a road up to rural land the member owns."Her new push would cover all material financial interests — direct or indirect — that benefit people beyond the lawmaker themselves.UNLIKELY BIPARTISAN SENATE DUO SEEKS TO PERMANENTLY BAN EX-LAWMAKERS FROM LOBBYINGThen-Sens.

Patrick J.Toomey, R-Pa., and Claire McCaskill, D-Mo., speak out against earmarks in 2011.

(Alex Wong)Current House rules require members requesting an earmark to certify that neither they nor their spouses ...

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Publisher: Fox News

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