Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Senate Democratic Leader Chuck Schumer: Law enforcement agencies in New York have informed me of bomb threats targeting several of my offices.
IOF storm Al-Ahli Hospital, vicinity of Al-Mizan Hospital, and Mohammed Ali Al-Muhtaseb Hospital in al-Khalil.
Iraqi sources told Al Mayadeen that reports that Barrack conveyed warnings to Iraq about an Israeli strike if any Iraqi party supports Hezbollah are false.
Pope Leo XIV: Peacemakers do not flee, but dare to stay even if it costs them some sacrifice.
The Pope to the Lebanese: You are a diverse country and a community made up of communities united by one language, the language of hope, which has allowed you to start anew.
Pope Leo XIV to the Lebanese: You are a people who do not give up, but a people who persevere in the face of difficulties and know how to be reborn.
Al Mayadeen's correspondent in South Lebanon: Israeli occupation targets bulldozer working to remove rubble of destroyed home in Shebaa.
IRGC sources tell Al Mayadeen that reports of Iranian missile strikes on northern Iraq are false, calling them rumors spread by enemy-linked media.
Trump: Venezuela airspace should be considered 'closed in its entirety'
AFP: Ukraine behind attack on Russian 'shadow fleet' tankers in Black Sea

Biden advocates for stock trading ban for Congress members

  • By Al Mayadeen English
  • Source: News websites
  • 19 Dec 2024 09:52
  • 1 Shares
3 Min Read

Earlier in his presidency, Biden refrained from taking a stance on congressional stock ownership, an issue that sparked significant controversy when lawmakers profited during the COVID pandemic.

Listen
  • x
  • Biden advocates for stock trading Ban for Congress members
    President Joe Biden speaks during a Hanukkah reception in the East Room of the White House in Washington, December 16, 2024 (AP)

US President Joe Biden joined Tuesday the growing bipartisan push to prohibit congressional members from trading stocks, emphasizing the importance of integrity in public service.

"I don't know how you look your constituents in the eye and know because of the job they gave you, gave you an inside track to make more money," he said during an interview for A More Perfect Union news outlet.

"I think we should be changing the law," he told host Faiz Shakir, a political advisor to Senator Bernie Sanders.

The US president considered that "nobody in the Congress should be able to make money in the stock market while they're in the Congress."

The comments come as a bipartisan coalition of Senators — Democrats Jon Ossoff, Gary Peters, and Jeff Merkley, along with Republican Josh Hawley — introduced legislation in July to ban members of Congress, their spouses, and dependents from buying or selling individual stocks. Similar bills have also been proposed in the House of Representatives.

Earlier in his presidency, Biden refrained from taking a stance on congressional stock ownership, an issue that sparked significant controversy when lawmakers profited during the COVID pandemic.

During Tuesday's interview, Biden also criticized corporate practices, particularly offshoring, blaming corporate greed for the decline in US-made products.

"Corporate America got greedy and what they decided to do is find the cheapest labor in the world," he stated.

On the economy, Biden reflected on public sentiment, acknowledging that many Americans feel disheartened despite improving macroeconomic indicators — a factor he attributed to the Democrats’ loss in the 2024 election.

"It’s just beginning to sink in," Biden said, referring to the long-term investment policies his administration has enacted. "I think that it's hard to tell someone about the hundreds of thousands of jobs we created with the CHIPS and Science Act when they haven't seen it yet."

He acknowledged that prices remain higher than pre-pandemic levels for basic goods such as milk and eggs but noted they are "just starting to change."

"So there's reason for frustration, but there's gigantic change been made," he claimed, while recognizing that it is harder for many Americans to make ends meet today compared to previous years.

Read more: Biden grants historic clemency, commutes 1,500 sentences, pardons 39

  • United States
  • Congress
  • US
  • Joe Biden

Most Read

13 elite Israeli troops were wounded in a confrontations in Beit Jinn, Syria.

13 elite Israeli troops wounded in confrontations in southern Syria

  • West Asia
  • 28 Nov 2025
Russia and China are not part of the Resistance Front, but they are playing an important role in building structures to bypass US power and thus facilitate a multipolar and freer world. (Al Mayadeen English; Illustrated by Zeinab el-Hajj)

The Resistance Front and BRICS

  • Opinion
  • 29 Nov 2025
Four killed, ten wounded in targeted California shooting in Stockton

Four killed, 10 wounded in 'targeted' California shooting

  • US & Canada
  • 30 Nov 2025
Point-blank killings: 'Israel' executes 2 Palestinian youths in Jenin

Graphic footage: IOF execute 2 Palestinians from point blank in Jenin

  • Politics
  • 27 Nov 2025

Coverage

All
In Five

Read Next

All
US Ambassador to Turkey Tom Barrack speaks during the Concordia Annual Summit in New York, Wednesday, September 24, 2025 (AP)
Politics

Iraqi sources deny US warning of Israeli attack on Lebanon: Exclusive

People walk through a street in the old city of Homs, Syria, Friday, November 21, 2025 (AP)
Politics

US cautions Israeli occupation against escalation in Syria

Members of the International Committee of the Red Cross (ICRC) arrive at the site where Hamas militants are searching for the remains of captives in Jabalia, northern Gaza Strip, Monday, December 1, 2025 (AP)
Politics

Gaza death toll surpasses 70,000 as victims remain under rubble

Pope Leo XIV meets the Greek Orthodox Patriarch of Antioch John X Yazigi, left, and spiritual leader of Lebanon's Druze community Sheikh Sami Abi al-Mona in the Martyrs' Square, in Beirut, Monday, December 1, 2025 (AP)
Politics

Pope Leo XIV calls for unity, coexistence during Lebanon visit

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS