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Congressman Roy says they tried to think through everything including disgorgement of profits and ten percent penalty

Texas Congressman Chip Roy answers a reporter question at a news conference alongside colleagues from both political parties about the Restore Trust in Congress Act which would ban stock trading by lawmakers that they have tried to think through the legislative process with discouragement of profits including a ten percent penalty if members trade even though they are not supposed to, applying to family members and dependent children while being very clean and specific about securities in question and allowing tax ability to move savings from equities into funds to encourage Congress members to divest individual equities.
Texas Congressman Chip Roy answers a reporter question at a news conference alongside colleagues from both political parties about the Restore Trust in Congress Act which would ban stock trading by lawmakers that they have tried to think through the legislative process with discouragement of profits including a ten percent penalty if members trade even though they are not supposed to, applying to family members and dependent children while being very clean and specific about securities in question and allowing tax ability to move savings from equities into funds to encourage Congress members to divest individual equities.
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Restrictions:
Editorial Use only. May not be used as partisan political campaign material to promote or oppose the candidacy of any person for elective public office, and may not be used to distort the objects and purposes of the hearing or cast discredit or dishonor any member of the House or bring the House or any Member into disrepute. Contact your local office for all commercial or promotional uses.
Credit:
FedNet / Getty Images
Editorial #:
2233714553
Collection:
FedNet
Date created:
September 03, 2025
Upload date:
License type:
Rights-ready
Release info:
Not released.ÌýMore information
Clip length:
00:00:47:20
Location:
Washington, DC, United States
Mastered to:
MPEG-4 8-bit H.264 HD 1920x1080 29.97p
Source:
FedNet
Object name:
hpr090325fp