George Washington once remarked on how few possess the virtue to resist the allure of significant wealth. Despite the passage of nearly 250 years, his words remain relevant. Reports frequently emerge of corruption: cash and gold used as bribes, funds misused for personal gains, and political figures taking advantage of insider knowledge. Corruption is a persistent issue. The problem becomes apparent when investment funds designed to replicate congressional stock trades outperform the S&P 500.
Washington, D.C. must be held to account. Self-serving practices are common, while everyday Americans struggle with basic expenses. Politicians often prioritize personal financial gain over crucial issues affecting citizens. In Washington’s words, they sell the public’s interests to the highest bidder through insider trading and alliances with special interests.
I sought a congressional seat to resolve this deadlock and deliver for California families. During major tax reform discussions, I was the lone Californian engaged with Speaker Mike Johnson and President Donald Trump in boosting the State and Local Tax (SALT) Deduction, benefiting hardworking families. Additionally, I’ve championed lower healthcare costs, tax reductions for the middle class, and other support for Southern California residents. I’m committed to making Washington accountable to achieve results for the public.
Key legislation I back includes the Stop Insider Trading Act, passed by the House in July, and the Restore Trust in Congress Act, which would ban stock trading by Congress members. I cosponsored the Congressional Pension Accountability Act and another bill aimed at stopping pensions for politicians breaching public trust. I also advocate for congressional term limits to curtail prolonged political careers and misplaced loyalties.
The political landscape is rife with opportunities for manipulation, often exploited by those in office. While progression of the Stop Insider Trading Act excites me, it should mark just the beginning of holding officials accountable.
Recently, I proposed the Stop Congressional Self-Enrichment Resolution, intended to prevent Congress members from using federal funds to enhance personal wealth. Existing House rules mandate members declare no direct conflicts when requesting Community Project Funding (CPF) or earmarks. However, indirect interests can also pose issues. A member might initiate funding for a cause where a relative has interests or improve an area where they own property, all resulting in financial gains. My resolution aims to eliminate any financial benefits from such taxpayer-funded actions.
These measures represent more than loophole closures. Self-enrichment and corruption defy the principles set by America’s founders. When leaders prioritize self-interest, they undermine public trust and silence those they represent. Effective change is essential. I’ll continue combating corruption and ensuring Congress prioritizes cost reduction and healthcare affordability for the benefit of American citizens.
Congresswoman Young Kim serves California’s 40th District and chairs the House Foreign Affairs Subcommittee on East Asia and the Pacific. She is also part of the House Financial Services Committee and the Select Committee on the Chinese Communist Party. The views expressed are her own.