A bipartisan group of senators reached a deal Wednesday on legislation to ban stock trading by members of Congress, setting the bill up for action in the Senate later this month.
Bill dies in committee in 3, 2, 1…
Or allows their spouses to trade
Or has zero teeth
Etc
Being a congress member is about civil service, serving Americans. It’s not about self service or family service. They should put Americans before themselves. If they can’t do that, go work in the private sector.
I’ll be shocked if this actually becomes law.
“We have finally figured out a way to pass this law with a big enough loophole for us all to continue to partake in all of the insider trading we want through other family members or our bagmen. I mean lawyers.”
Honestly though, Merkley on board is actually a great sign in my opinion.