4 ms·
> Where are the calls for the scrutiny of all the Congressional members that just happened to magically sell off vast amounts of stocks right before the legisla
by woodruffw 3y ago
> Where are the calls for the scrutiny of all the Congressional members that just happened to magically sell off vast amounts of stocks right before the legislation was announced for the covid lockdowns that crashed the market. They didn't want any scrutiny then.
I don't know what you're talking about. Popular support for limiting congressional stock trading is overwhelming[1]; there was a bipartisan bill announced just last month aimed at capping it[2].
Edit: It's worth noting that a variant of this bill has been introduced many times over the years. It's typically the Democrats who introduce it; only recently has it (apparently) received bipartisan attention.
[1]: https://pro-assets.morningconsult.com/wp-uploads/2022/10/25151347/2210148_crosstabs_POLITICO_RVs_v2_10-26-22_SH.pdf https://pro-assets.morningconsult.com/wp-uploads/2022/10/251...
[2]: https://www.npr.org/2023/07/20/1188869588/sen-gillibrand-discusses-efforts-to-ban-lawmakers-from-holding-and-trading-stock https://www.npr.org/2023/07/20/1188869588/sen-gillibrand-dis...