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politics @lemmy.world · 8 months ago

Citizen watchdogs eye Congress' 'killing it' approach to stock trading

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Citizen watchdogs eye Congress' 'killing it' approach to stock trading

Substance_P@lemmy.world to

politics @lemmy.world · 8 months ago

A senator could vote for an infrastructure bill, then buy stock in concrete. Or they could sit on the Armed Services Committee and trade in defense contractors stock.

Lawmakers could vote for infrastructure bill, then buy stock in a concrete firm.

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8 months ago

They can buy the stock before the vote, knowing which way the vote is gonna go.

Well that would seemingly be against the “STOCK” act. I’m sure the SEC would have something to say about that…

lol :(

politics @lemmy.world

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