Banning Members of Congress from Trading Stocks
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wrote on 9 Feb 2022, 17:28 last edited by
https://www.cnbc.com/2022/02/09/congress-moves-towards-banning-members-from-trading-stocks.html
This has been talked about for years. Let's see if it comes to a vote this year.
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wrote on 9 Feb 2022, 17:32 last edited by
I dunno why this is so controversial.
Index funds still let people invest. I’m not allowed to buy a huge portion of the F500 - that’s common across many industries where corporations are clients.
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wrote on 9 Feb 2022, 17:37 last edited by
It’s only controversial to the congressmen who can profit from their inside information and don’t want to give up the opportunity.
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wrote on 12 Feb 2022, 03:03 last edited by
Seems like it makes perfect sense. Index funds, blind trust, etc. would work if they want to be involved in the stock market.
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wrote 2 days ago last edited by
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wrote 2 days ago last edited by
He’s from PA-8. Scranton, Wilkes-Barre
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wrote 2 days ago last edited by taiwan_girl 6 Apr 2025, 02:13
Its not what you know, but who you know.
Or I guess in this case, it is both.