Recent discussions among various commentators highlight growing concerns regarding stock trading by members of Congress. Prominent voices, including lawmakers and commentators, are advocating for a complete ban on stock trading for politicians, arguing that it undermines their commitment to serve the American public. Critics assert that the current system allows for potential conflicts of interest, particularly as Congress members have the ability to influence regulations and government contracts that could affect their personal investments. The sentiment is echoed by calls for stricter regulations against insider trading within Congress, with some suggesting that such practices contribute to a culture of corruption. The ongoing debate raises questions about the appropriateness of stock trading by elected officials and the implications for governance and public trust.
Inside trading should be illegal for politicians.
Ban insider trading in Congress and watch the corrupt ones retire in mass!
An actual app that fills a real need. Has anyone studied whether buys/sells from members of Congress have more signal value than insider buy/sells? Continually amazed it is legal for them to trade in stocks which they regulate and/or receive large gov contracts. https://t.co/XB9dK6zL0h