The idea that members of Congress should not trade on stock market DOA in Congress by borepstein

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hive-109255 · @borepstein · Oct 2 '22 (edited)

$0.79

The idea that members of Congress should not trade on stock market DOA in Congress

![remarks_on_the_marg_20211210.png](https://files.peakd.com/file/peakd-hive/borepstein/23xpHMzyUzCxDvfQwfcEUDCCjzAZ34CE2V1yTUUMDu7NQQ9KzEhUGm4hkHj33akxJqg7m.png)

A bipartisan group in the US Congress has introduced a bill that would prohibit members of Congress frm owning and trading in stocks due to the obvious influence they can have on the market as legislators. The leadership in the Congress stopped the bill from being voted on. So in case you were not sure - yes, at this point in time corruption in Congress is bipartisan and they don't even seem to have much concern about doing it right there in the open.

## References

[The House fails to pass bill barring lawmakers from stock trading](https://www.americanthinker.com/blog/2022/10/the_house_fails_to_pass_bill_barring_lawmakers_from_stock_trading.html)
Rajan Laad, *American Thinker*, 1 October 2022

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@cuddlekitten · Oct 3 '22

$0.10

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![cuddle_coolcat.png](https://images.hive.blog/DQmVx4yMFPgEPce2P1vDrbXtW8BCuVMnEQVRJqRNaR7VX7F/cuddle_coolcat.png)

👍 borepstein

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@pixresteemer · Oct 2 '22

<center>![pixresteemer_incognito_angel_mini.png](https://files.peakd.com/file/peakd-hive/pixresteemer/8h7BBw1w-pixresteemer_incognito_angel_mini.png)</center><center>Bang, I did it again... I just rehived your post!</center><center>Week 126 of my [contest](/hive-179017/@pixresteemer/the-re-hive-contest-results-week-125-and-start-week-126) just started...you can now check the winners of the previous week!</center><center>!PIZZA</center><center><sub>6</sub></center>

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@pixresteemer · Oct 2 '22

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@videoaddiction · Oct 3 '22

$0.10

Such people could have a big influence on stock markets.

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@borepstein · Oct 3 '22

They certainly do. Typically, if you can predict the way a certain stock or tradeable security would go you are not allowed to trade it on account of insider knowledge. But apparently that does not apply to the Congress.

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