Congress Wants To Ban Stock Trading...Again

"between 2019 and 2021 it was found that roughly 183 senators or Representatives reported a trade and according to the New York Times more than half of them sat on Congressional committees that would have given them potential access to Insider information that would have given them a huge advantage over the public"

"data found that between 2020 and 2021 some members of Congress were able to outperform the market on average including house Democrats House Republicans Senate Democrats and almost Senate Republicans"

"they found 72 members of Congress out of compliance with the stock act because they're either inaccurately reporting what they're buying and selling or they're just not reporting it at all"

"what this act does is it prevents members of Congress from holding buying and selling stocks and equivalent Investments during their time in office"

"The law said nothing about Bitcoin and nfts"

"it gives them and their spouse as six months from the time of assuming office to divest AKA sell and get rid of any conflicting assets that are prohibited or to put them in a blind trust throughout their whole time in office"

"if they're found to violate this law they would have to give up all the profits they made on those Investments to the American people via the U.S treasury"

"give us an exchange traded fund or an ETF that tracks Congressional training and they can divide it however they want"

"I want to be able to go on Robinhood and to be able to buy the Pelosi ETF and just track and mirror the performance of Congress members"