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Cory Mills Urges Congressional Stock Trading Ban, Claims Lawmakers Can't Serve Public, Self At Same Time
Forbes Breaking News
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5/28/2025
During remarks on the House floor prior to the Congressional recess, Rep. Cory Mills (R-FL) spoke in support of a ban on Congressional stock trading.
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00:00
to each of them and I want to thank them for their leadership. I now recognize the gentleman
00:04
from Florida who I know has also been a champion of this issue for some time now, Mr. Mills,
00:11
for two minutes. Thank you so much, Speaker. I appreciate the opportunity. You know, I don't
00:19
need a written speech or a prepared document to say how common sense this is. For far too long,
00:27
people have basically turned politics into a career which was never its intent. It was meant
00:33
to serve we the people and there is something that is mutually exclusive. You cannot serve yourself
00:38
in personal enrichment and serve the public at the same time. We know for a fact that even within
00:44
the National Defense Authorization Act that you can get language put in provided to you by companies
00:52
that allow for certain amounts of money to be sole sourced or in some ways appropriated to
00:57
defense companies that they can then turn around and invest in. How is that not insider trading
01:03
when it's public knowledge on what's out there but not public knowledge on what's being put
01:08
into the NDAA during the markups? Insider trading must stop and I can tell you that banning stock
01:14
trading for members of Congress and their spouse should not be something that is in question.
01:21
We must rebuild the actual image of Congress. We must rebuild the image of federal government
01:27
government where we are actually here to truly serve the people. I think this is a paramount step
01:32
in us making sure with friends and colleagues like Representative Magaziner to be able to move forward and
01:39
rebuild the trust, the hope, and rebuild this institution to be what it once was. Our founding fathers and many of
01:47
them were in the private sector and very successful businessmen. They served in an effort to try and get back to
01:53
their businesses because they actually made more money there. But it's changed where people are making
01:57
more money while in Congress while stock trading than they can in the private sector. The same way that
02:03
Plan B for failed male athletes shouldn't be women's sports, Plan B for failed entrepreneurs shouldn't be
02:09
Congress in stock trading. So I support this bill and I ask everyone to move forward in guaranteeing that we rebuild the
02:16
confidence in government and we restore what it is to serve we the people. With that, I yield back.
02:22
Thank you to the gentleman. I now yield to a man I admire.
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