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| Government Corruption | |
| How Congress's ability to play the stock market could be stymied | |
| 2024-07-11 | |
| [Daily Mail, where America gets its news] A bipartisan group of senators are pushing a new stock trading ban for members of Congress on an expedited schedule. The announcement comes as lucrative stock trades by lawmakers have been under more scrutiny as over $1 billion in trades were made in 2023 alone. Though there are some laws in place to restrict members from trading on their inside knowledge in Congress, critics say that doesn't always happen. A recent report from DailyMail.com found many members were trading millions of dollars in stock, including risky options, and others had traded a total volume of over $100 million. These shocking figures are well above the average member salary of $174,000. Four senators introduced a measure Wednesday that would ban members, their spouses and dependents from trading stock and other securities.
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| Posted by:Skidmark |
| #1 Sotomayor faces backlash for gun rights views after bodyguards shoot would-be carjacker: 'Incredibly ironic' |
| Posted by: Skidmark 2024-07-11 09:04 |