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The cynical answer is that they won't unless it's the law, and Congress probably won't pass a law that prevents themselves from making money. They can claim th
by parsimo2010 7y ago
The cynical answer is that they won't unless it's the law, and Congress probably won't pass a law that prevents themselves from making money. They can claim that insider trading is already illegal, so there's no need for a law like that- and then they can exploit the loopholes that exist, or just blatantly commit a crime and assume that they won't be held accountable. There's a few honest lawmakers, but there are a lot that pursued the office specifically for the advantages they receive.
I highly doubt that the investigation will find enough evidence to convict Burr of anything. Unless he sent communication that he ordered certain trades as a result of a classified briefing then he's going to get off scot free. The virus was already covered by the news, and while a lot of people don't believe Burr's argument he's not going to get convicted because it's reasonable enough.