The US Is Ending Stock Trading | What You MUST Know
US Considering Banning Congressional Stock Trading
Understand the proposed legislation ending stock trading for Congress and why current rules fail to prevent conflicts of interest.
Short Summary
- The proposed 'Honest Act' seeks to outright ban owning and trading individual stocks for elected officials and the executive branch leadership.
- Past legislation, like the Stock Act (2012), failed due to poor enforcement and loopholes, evidenced by high-profile trading scandals.
- Public support for banning these activities is overwhelming (86% consensus), yet political hurdles remain for federal passage.
This discussion breaks down the specifics of the new Honest Act, contrasts it with previous regulatory failures, and analyzes the potential for political performance overshadowing genuine change.
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Top Comments (10)
Money in politics is 90% of all our problems. As we are learning everyday
Even if they pass it. I’m sure they will find a loophole like they always do
This is one of the most important laws out there in my opinion. Thanks for this detail explanation.
We do not trust Congress.... PERIOD.
Corruption will never end. Fixed the statement for you.
Nobody fixed what happened in 2008 and the greed has gotten worse. It doesn't matter which party holds the power. They don't want a strong working or middle class. They want a nation of renters that own nothing and just get by at best.
all smoke and mirrors
A $500 fine? Lol they will just pay the fine for their millions in gains
👉 Get 50% OFF during Summer Sale + 15% EXTRA for my community https://www.investing-referral.com/andrei/
Simple, use the same standards as a CPA. They’re already rigorous.
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Top Comments (10)
Money in politics is 90% of all our problems. As we are learning everyday
Even if they pass it. I’m sure they will find a loophole like they always do
This is one of the most important laws out there in my opinion. Thanks for this detail explanation.
We do not trust Congress.... PERIOD.
Corruption will never end. Fixed the statement for you.
Nobody fixed what happened in 2008 and the greed has gotten worse. It doesn't matter which party holds the power. They don't want a strong working or middle class. They want a nation of renters that own nothing and just get by at best.
all smoke and mirrors
A $500 fine? Lol they will just pay the fine for their millions in gains
👉 Get 50% OFF during Summer Sale + 15% EXTRA for my community https://www.investing-referral.com/andrei/
Simple, use the same standards as a CPA. They’re already rigorous.