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US Congressman Calls to Ban Congress From Stock Trading

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With the issue becoming more concerning for the average American, US Congressman Ro Khanna has called to ban the United States Congress from stock trading. Indeed, Khanna took to X (formerly Twitter) to share his plan to “clean up corruption in Washington.” A big part of Khanna’s plan includes the restriction of Congressional members from participating in the stock market. Moreover, his stance comes a week after current US President Joe Biden spoke out regarding the issue. Specifically, he too welcomed a ban on the activity that is currently taking place for lawmakers. JUST IN: US Congressman Ro Khanna calls to ban Congress from trading stocks. — Watcher.Guru (@WatcherGuru) December 27, 2024 Also Read: President Joe Biden Endorses Ban on Congress Trading Stocks US Congressman Ro Khanna Wants Congress Stock Trading Ban to ‘Clean Up Corruption’ For years, the idea of US elected officials engaging in stock trade has been a focal point for citizens. These offi...

President Biden Says Inflation Data May Delay Interest Rate Cuts

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Speaking to the nation today, US President Joe Biden said that March’s inflation report may delay interest rate cuts. Indeed, Biden noted that the inflation data reporting an increase to 3.5%, higher than expectations, will likely have an impact on the Federal Reserve’s decision-making process for the year. Biden noted that he is currently unaware of the Central Bank’s plans regarding interest rate cuts. However, he did assure the public that there would be cuts taking place before the end of the year. Alternatively, Fed Chair Jerome Powell previously said that the country could expect three interest rate cuts before the conclusion of 2024. JUST IN: President Joe Biden says today's rising inflation report may delay interest rate cuts. — Watcher.Guru (@WatcherGuru) April 10, 2024 Also Read: US Inflation Rises to 3.5%, Higher Than Expectations Joe Biden Says Inflation May Delay Interest Rate Cuts Over the last several years, increasing...