Re:Tim Cook called Pelosi to warn her against disrupting the...
by parineum on Wednesday June 23, 2021 @07:20PM
(#27611815)
>Ultimately the voters of her district have to care.
Pelosi's district interest is against action against those companies.
In this case, she's doing exactly as she's elected to do.
Re:Tim Cook called Pelosi to warn her against disrupting the...
by bagacrap on Thursday June 24, 2021 @03:27PM
(#27622679)
the voters have to care about stock trading by legislators
Re:Tim Cook called Pelosi to warn her against disrupting the...
by d33lio on Wednesday June 23, 2021 @07:00PM
(#27611642)
Initially mis-read this (thanks dyslexia) as "warren rips up bill to ban stock trading by lawmakers" haha (clearly I was thinking of Pelosi)
Re:Tim Cook called Pelosi to warn her against disrupting the...
by rkk3 on Wednesday June 23, 2021 @06:31PM
(#27611382)
Barring lawmakers from investing in equities seems like it would be another barrier for non-wealthy people to be politicians.
EDIT: Why the downvotes? Middle class people use the stock market for their retirement funds. If you take away this ability or you take away the salary of lawmakers, you are restricting it to people who are already affluent.
Re:Tim Cook called Pelosi to warn her against disrupting the...
by lupire on Thursday June 24, 2021 @08:59AM
(#27616799)
As the article explains, the proposed ban is only on individual stock trades. As a US leader, investigating in broad US market indexes is sufficient for preserving your middle class wealth.
https://www.politico.com/amp/news/2020/12/18/elizabeth-warre...
Ultimately the voters of her district have to care.