Fed to ban policymakers from owning individual stocks
The relatively low salaries compared to the huge amounts of power is almost begging for insider trading, influence peddling, etc.<p>> The salary of a Congress member varies based on the job title of the congressman or senator. Most senators, representatives, delegates and the resident commissioner from Puerto Rico make a salary of $174,000 per year.<p><a href="https://www.indeed.com/career-advice/pay-salary/congressman-salary" rel="nofollow">https://www.indeed.com/career-advice/pay-salary/congressman-...</a><p>Then again, some people have near insatiable greed and even at a $1M/year salary, some would be looking for ways to further boost their income at the boundaries of ethics, or beyond.