Posted on Jan 25, 2023
Josh Hawley introduces PELOSI Act to bar lawmakers from trading stocks and profiting while in...
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Posted >1 y ago
Responses: 4
SFC (Join to see) It'll never pass. Law makers are not going to vote against themselves becoming richer in office.
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Cpl Vic Burk
SFC (Join to see) - I don't think they care. All that matters is they keep getting richer.
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SFC (Join to see)
Our laws need to apply to all. The difference between working in an agency (as I did on a state lever) where stock rules are very robustly enforced, and the billions our politicians make from insider trading is just disgusting, that's about the only word I can thing for it.
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It's a start.
But let's add Prez, VP, all WH senior staff, all Cabinet secretaries, under-secretaries, deputy secretaries, and assistants to the list.
If you have specific knowledge about a specific situation every once in a while (like a low-level staffer or a random FBI agent) then we'll let existing insider trading rules apply. But if you routinely have access and info, you aren't allowed to trade, period. Neither is your spouse, parents, or children - even if they are adults and moved out.
Don't like it? Then don't run for office / don't take that political appointment. These are posts of SERVICE, or at least they should be. Let's return to that concept.
But let's add Prez, VP, all WH senior staff, all Cabinet secretaries, under-secretaries, deputy secretaries, and assistants to the list.
If you have specific knowledge about a specific situation every once in a while (like a low-level staffer or a random FBI agent) then we'll let existing insider trading rules apply. But if you routinely have access and info, you aren't allowed to trade, period. Neither is your spouse, parents, or children - even if they are adults and moved out.
Don't like it? Then don't run for office / don't take that political appointment. These are posts of SERVICE, or at least they should be. Let's return to that concept.
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