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.

  • blackbrook
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    8 个月前

    Penalties for violating the law would either be the monthly salary of a lawmaker or 10% of the value of each asset they buy or sell.

    Because I’m sure no one would make more than that and just take the trade off. And then take credit for saving the tax payers money. That’s definitely not the kind of thing that would happen in the Congress I know.

    • mecfs@lemmy.worldOP
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      8 个月前

      if this law becomes a 10% levy on politicians trading stocks, ill take that as a win

      • ShepherdPie@midwest.social
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        8 个月前

        People settling like this just empowers these people to continue grifting us. We shouldn’t be satisfied with the bare minimum.

        • mecfs@lemmy.worldOP
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          8 个月前

          I won’t be satisfied. But I’ll be happy that it’s better than before.

          Same logic as I have for most climate laws.