Pass legislation now that bans the president and senior executive officials from holding individual stocks in companies that receive federal contracts. The current system is broken by design, and voluntary ethics pledges are not enough.
On June 18, 2026, the same day the Navy awarded Boeing an $880 million contract, Trump's financial disclosures show he purchased between $250,001 and $500,000 in Boeing stock. The White House claims the portfolio is managed independently by third parties, but that explanation doesn't satisfy the basic standard we hold anyone else in a position of public trust to meet. Ethics experts have already flagged this as a conflict of interest, and they're right.
The Securities Exchange Act of 1934 prohibits insider trading, but prosecuting intent is nearly impossible. That's exactly why Congress needs to close the gap with a bright-line rule: no individual stock holdings in companies with active or pending federal contracts, full stop, with real criminal penalties for violations. Self-regulation has failed. Write the law.
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