Hawley introduces PELOSI Act - bill to ban congressional stock trades
Sen. Josh Hawley reintroduced a bill to ban members of Congress and their spouses from owning and trading stocks, and used the name of his legislation to troll former Speaker Nancy Pelosi.
So what stops their kids from investing for the “big guy”?
One steps at a time fren... Cheers...
Sorry, No. It will take another 25 years to fix.If your going to fix it.... FIX IT once and be done. If they want to invest in the stock market, get a real job not a public paying job.
Hold on, I don't mind 90% of public paying jobs being able to invest.
The problem really lies with the fact that Congress is privy to information the peasantry isn't, and can either sell their votes for that information or other guarantees, or legislate for their personal gain.
Anyone related to any member of Congress, high end of Executive (President, Vice President, chiefs of staff, etc.) or judiciary should not be allowed to trade for a minimum of 10 years after they leave those positions.
Sorry, I go further. If you are a public employee, you should:
They are the ones that should be treated like serfs, their every move tracked and recorded, all associates known. Their transactions should be readily available, and they should live in military-style barracks, given what's classically considered a stipend, basically spending money if they don't want to eat barracks chow.
No argument from me... Cheers fren...
You have to start somewhere.