Democratic frontrunner Elizabeth Warren unveiled a new plan Monday that would prohibit judges from owning or trading stocks; saying the move is necessary to ensure “every person is treated equally under the law.”
Warren’s proposal would “Ban judges from owning or trading individual stocks. It’s not enough for judges like James Hill to recuse in cases with conflicts of interest – my plan would eliminate the appearance of impropriety by banning federal judges from owning or trading individual stocks, while allowing them to instead invest in conflict-free mutual funds or open new investment accounts managed by the Federal Retirement Thrift Investment Board. Law firms follow rules like these to avoid the appearance of financial conflicts with the interests of their clients. Judges should certainly be held to the same standard.”
“These reforms will ensure that judges who commit serious, impeachable offenses will more likely be promptly removed from office. These changes will not only allow us to ensure accountability for bad actors, including reopening inquiries into the conduct of offenders like Brett Kavanaugh. They will also hold the vast majority of judges who act in good faith to the highest ethical standards, and in the process, begin to restore accountability and trust in a fair and impartial federal judiciary,” adds Warren’s website.
A basic principle of our federal judicial system is that judges make decisions as disinterested, impartial observers. Yet several judges have ruled on cases while owning stock in companies arguing before them.
— Elizabeth Warren (@ewarren) October 7, 2019
“A basic principle of our federal judicial system is that judges make decisions as disinterested, impartial observers. Yet several judges have ruled on cases while owning stock in companies arguing before them,” posted Warren on social media.
Read the full report at Fox News.