alt Hacker NewsI don't understand how paying them more will curtail this. This is a mixture of a crime of convenience and greed. It's not a Les Mis situation where they need these stock picks to survive (or even thrive). The current US Administration is full of rich people who are still not above corruption.
Obama signed the STOCK act into law, but of course, who watches the watchmen? The Restore Trust In Congress Act is sitting there, waiting for Mike Johnson to bring it to a vote.
The idea is that if their salary does not actually cover the expenses of living in and traveling to DC to do their job, you are limiting the pool of potential congressional representatives to those who are independently wealthy or who are finding other ways to make money via their position.
Paying enough to cover the expenses of the job isn't a solution to all problems, just kind of a minimum bar if we want a normal person to be able do the job without relying on other income sources.