Judd Legum

@JuddLegum ↗

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Last Checked Feb. 1, 2022

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Wed Jan 19 13:49:53 +0000 2022

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Judd Legum @JuddLegum

2. While federal gov't employees face a maximum penalty of five years in jail and a fine of 50K, members of Congress are free to actively trade an individual stock while voting on bills that would directly impact the stock's price. And many do just that. https://t.co/WZu0MyS6fw — PolitiTweet.org

Posted Jan. 19, 2022

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Judd Legum @JuddLegum

1. Federal employees are prohibited by law from participating in matters that could impact any company in which they own stock. But members of Congress, who are far more powerful than most government bureaucrats, are EXEMPT https://t.co/WZu0MyS6fw — PolitiTweet.org

Posted Jan. 19, 2022

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Judd Legum @JuddLegum

3. Members of Congress are not required to avoid conflicts of interest, actual or perceived, when it comes to stocks. Coincidentally, studies "consistently show that the investments of members of Congress outperform the market." https://t.co/WZu0MyS6fw — PolitiTweet.org

Posted Jan. 19, 2022