Kat Cammack Says We the People Need to Get Involved [WATCH]

Rep. Kat Cammack said legislation aimed at banning insider trading by members of Congress is facing fierce opposition on Capitol Hill and warned that public pressure will be necessary to move the bill forward.

Cammack described the proposal as highly controversial following a recent meeting where lawmakers discussed the measure.

“Hey guys, Congresswoman Kat Cammack, here it is an early morning, but just left a meeting where we are discussing the stop insider trading for members of Congress,” she said.

Here’s What They’re Not Telling You About Your Retirement

She added, “Now I cannot tell you how controversial This is here on Capitol Hill. This is going to be a dog fight.”

According to Cammack, resistance to the bill is coming from individuals she did not anticipate would oppose it.

“This bill is being opposed by people who you wouldn’t expect, people who you think are great conservative fighters,” she said.

Cammack argued that public involvement will be critical in advancing the legislation.

This Could Be the Most Important Video Gun Owners Watch All Year

“I am telling you right now this is going to require we, the people, getting involved, letting our voice be heard, because Congress and your service here should not be about enriching yourself. It should be about serving the people.”

She said members of Congress have access to information that could create an unfair advantage in the stock market.

“And as members, we have way too much access to information that would give us an unfair advantage if you were purchasing stocks,” Cammack said.

Cammack noted that she personally does not purchase individual corporate stocks.

“Me, personally, I have never bought an individual corporate stock,” she said. “If you want to trade ETFs or mutual fund funds, fine, but this is crazy, so get ready for a fight here on Capitol Hill. We’ll talk to you soon.”

WATCH:

The proposed legislation seeks to prohibit members of Congress from using their positions and access to nonpublic information for personal financial gain. Cammack’s comments indicate that the bill is expected to face significant resistance as it moves through the legislative process.

Warning: Account balances and purchasing power no longer tell the same story. Know in 2 minutes if your retirement is working for you.