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How Is This LEGAL? Senators Propose BANNING Stock Trades For Congress | The Left Wing 13.3
Members of the U.S. Congress, the president, vice president and senior executive branch officials and their relatives will be banned from trading stocks under bipartisan legislation introduced on Tuesday.
Democratic Senator Kirsten Gillibrand said in a brief hallway interview that she and Republican Senator Josh Hawley formally offered the "Ban Stock Trading for Government Officials Act" after unveiling details of the measure earlier this month.
It would build on the decade-old Stop Trading on Congressional Knowledge (STOCK) law that aims to combat insider trading by members of Congress and their employees.
The new bill would not make any exceptions for officials' trading in blind trusts and would impose penalties of varying degrees on members of Congress and executive branch officials.
Related article: https://www.reuters.com/markets/us/senators-propose-banning-stock-trades-us-congress-president-2023-07-25/
Our Guest For This Week:
The Voidcast: https://www.instagram.com/thevoidcastpodcast/
Independent Thought is joining with Counterpoint Politics, Cocktails and Capitalism & Power Is Taken Not given, to create a brand new show - The Left Wing
Firstly, yes, Independent Thought is still going to continue, this is an additional show that I'll be a part of. It's a weekly show, geared towards discussing major news stories with other content creators on the Left.
We have a brand new YouTube channel where you can find all of these episodes, but I also wanted to release a few of our older episodes on the podcast. To see our latest episodes, head to the YouTube link below.
*** The video of the episode is attached for all Spotify users ***
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By Desmond Price
4.9
229229 ratings
Members of the U.S. Congress, the president, vice president and senior executive branch officials and their relatives will be banned from trading stocks under bipartisan legislation introduced on Tuesday.
Democratic Senator Kirsten Gillibrand said in a brief hallway interview that she and Republican Senator Josh Hawley formally offered the "Ban Stock Trading for Government Officials Act" after unveiling details of the measure earlier this month.
It would build on the decade-old Stop Trading on Congressional Knowledge (STOCK) law that aims to combat insider trading by members of Congress and their employees.
The new bill would not make any exceptions for officials' trading in blind trusts and would impose penalties of varying degrees on members of Congress and executive branch officials.
Related article: https://www.reuters.com/markets/us/senators-propose-banning-stock-trades-us-congress-president-2023-07-25/
Our Guest For This Week:
The Voidcast: https://www.instagram.com/thevoidcastpodcast/
Independent Thought is joining with Counterpoint Politics, Cocktails and Capitalism & Power Is Taken Not given, to create a brand new show - The Left Wing
Firstly, yes, Independent Thought is still going to continue, this is an additional show that I'll be a part of. It's a weekly show, geared towards discussing major news stories with other content creators on the Left.
We have a brand new YouTube channel where you can find all of these episodes, but I also wanted to release a few of our older episodes on the podcast. To see our latest episodes, head to the YouTube link below.
*** The video of the episode is attached for all Spotify users ***
Follow - The Left Wing:
YOUTUBE: https://www.youtube.com/@TheLeftWingPod
Follow - TJ Whitehead:
TIK TOK: https://www.tiktok.com/@poweristakennotgiven
Follow - Counterpoint Politics:
INSTAGRAM: https://www.instagram.com/counterpoint_politics/
Follow - Cocktails & Capitalism:
INSTAGRAM: https://www.instagram.com/cocktailsandcapitalism/
Follow - Independent Thought:
INSTAGRAM: https://www.instagram.com/independentthought/?hl=en
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