ilmscore | The US Is Ending Stock Trading | What You MUST Know

The US Is Ending Stock Trading | What You MUST Know

Published: 2025-08-11
Status: Available | Analyzed

Predictions from this Video

Total: 5
Correct: 2
Incorrect: 2
Pending: 1
Unrated: 0
Prediction
Topic
Status
The Honest Act aims to ban members of Congress, the President, VP, and their spouses from trading individual stocks and other financial products during their terms.
"The Honest Act... It prevents members of Congress, the president, the vice president, and their spouses from owning or trading individual stocks, securities, futures, and other financial products during their terms."
Legislation on Congressional Stock Trading
Incorrect
Members of Congress and their spouses will have 180 days to divest from their investments once the law is enacted or their term begins.
"Now, for members of Congress and their spouses, the law gives them a 180day window after enactment or after the start of their term to what's called divevest, meaning to sell out of their investments."
Legislation on Congressional Stock Trading
Incorrect
The Honest Act will still allow investments in diversified mutual funds, ETFs, and US Treasury bonds.
"The bill does not prevent investments in what are called broadly held diversified mutual funds, ETFs, and US Treasury bonds."
Legislation on Congressional Stock Trading
Correct
The ban on stock trading for the President will take effect starting in 2029.
"The Honest Act... for the president means beginning in 2029."
Legislation on Congressional Stock Trading
Pending
Prediction that a ban on congressional stock trading will ultimately not pass.
"I don't think they're going to end up banning congressional trading."
Congressional Stock Trading Ban
Correct