Judd Legum

@JuddLegum ↗

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Last Checked Feb. 1, 2022

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Wed Jan 19 13:52:01 +0000 2022

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Judd Legum @JuddLegum

4. There is bipartisan interest in legislation that would ban members of Congress from trading individual stocks. It's a policy that is supported by 76% of Americans But, thus far, the legislation is opposed by Democratic leaders in the House and Senate 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

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Judd Legum @JuddLegum

5. The only current limitation on stock trading in Congress is the 2012 STOCK Act. It prohibits members of Congress from trading on "insider information." Perhaps by design, this standard has proven virtually impossible to enforce. https://t.co/WZu0MyS6fw — PolitiTweet.org

Posted Jan. 19, 2022