Senators propose law that bans members of Congress from trading stocks
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Re: Senators propose law that bans members of Congress from trading stocks
#2Per the article this is likely DoA:
> Two bills on this matter — the TRUST in Congress Act and the PELOSI Act — have failed to move the needle this year, and it’s unclear if or when the Ban Stock Trading for Government Officials Act will be debated and voted on.
Re: Senators propose law that bans members of Congress from trading stocks
#3I don't see how any law like this would be constitutional without a full amendment. One class of Congress cannot arbitrarily impose restrictions on future classes of Congress without an amendment.
Re: Senators propose law that bans members of Congress from trading stocks
#4I don't see how any law like this would be constitutional without a full amendment. One class of Congress cannot arbitrarily impose restrictions on future classes of Congress without an amendment.
Perhaps the ones proposing the law realize that, and are simply taking an action they can claim shows "Hey we tried, guys." That would be the sort of blatant cynicism I can imagine in the senate, and unfortunately I suspect it will work on the campaign trail too.
Re: Senators propose law that bans members of Congress from trading stocks
#5If this can avoid congress members from trading defense stock and declaring war on china and iran to bump it...
Re: Senators propose law that bans members of Congress from trading stocks
#6You're supposed to be thinking and talking about UAPs!
Re: Senators propose law that bans members of Congress from trading stocks
#7I don't see how any law like this would be constitutional without a full amendment. One class of Congress cannot arbitrarily impose restrictions on future classes of Congress without an amendment.
> one class of Congress cannot arbitrarily impose restrictions on future classes of Congress without an amendment
Plenty of laws regulate Congress–it isn't sovereign.
Laws require the President's sign off. It isn't one Congress binding another. It's the U.S. government restricting the Congress. (Or more accurately, its members.)
Re: Senators propose law that bans members of Congress from trading stocks
#8> Continue reading on the app
Appwall? No thanks.
Re: Senators propose law that bans members of Congress from trading stocks
#9Per the article this is likely DoA: > Two bills on this matter — the TRUST in Congress Act and the PELOSI Act — have failed to move the needle this year, and it’s unclear if or when the Ban Stock Trading for Government Officials Act will be debated and voted on.
If it's truly a democracy I'd expect otherwise given the polling on this issue:
> Public support for a ban on stock trading among members of Congress is almost unanimous — with 86% in favor nationwide, according to a new survey by the University of Maryland’s Program for Public Consultation.
Re: Senators propose law that bans members of Congress from trading stocks
#10> Continue reading on the app Appwall? No thanks.
I don't get that app wall, but rather than posting a comment which doesn't add value, you can always get a non-walled link, which would help other people to not run into the same issue as you.
If you don't want to click the link below, I'll summarize, there is almost nothing of value in the post.