Finance

I am a firm advocate for enhancing the integrity and transparency of our government. To this end, I strongly support banning stock trading by members of Congress. It is crucial that public officials focus solely on the interests of the citizens they serve, without potential conflicts of interest posed by personal financial investments in the industries and companies they regulate.

Additionally, I propose strengthening the STOCK Act. The original intent of the Act was to prevent insider trading by Congress members and other government employees, but it requires robust enforcement and clearer regulations to ensure it effectively deters unethical behavior. Enhancing disclosure requirements and increasing penalties for violations will help restore public trust in government decision-making.

I also support ending the carried interest loophole that allows venture capitalists and other investment managers to pay taxes at lower capital gains rates, rather than the higher income tax rates. This loophole not only skews economic fairness but also deprives the government of necessary revenue that could be used to fund public services.

Furthermore, transparency must extend to companies owned by venture capitalists. Requiring these companies to be clearly identified will enhance market transparency and allow for more informed decisions by investors and regulators alike. This measure will ensure that financial activities are conducted openly and are accessible to public scrutiny, reinforcing the principles of a fair and equitable economic system.