In an absolutely shocking display of weakness, President Biden has decided to not make a decision and will allow members of Congress, such as Speaker of the House Nancy Pelosi, decide whether or not they should be allowed to trade stocks!
According to Fox, during a recent press conference, President Biden’s press secretary Jen Psaki told the media that Biden is not going to make the decision and will let Congress members decide whether or not they can trade stocks.
Currently, Biden and every other president in the past has been banned from trading stocks but not members of Congress.
During the press conference, Psaki stated, “The president didn’t trade individual stocks when he was a senator. That is how we approach things. We also believe that everyone should be held to the highest standard.”
She then said, “But he’ll let members of the leadership in Congress and members of Congress determine what the rules should be.”
House Speaker Nancy Pelosi and several others in Congress have made millions of dollar trading stocks with insider information that they have.
When asked about it personally, Pelosi defended the idea for politicians trading stocks and said it was a “free market economy.”