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Re:House Democrats to propose ban on lawmaker stock trading ... by thesecretceo on Thursday July 28, 2022 @10:57AM (#32265226)
they gotta do something to save face... i agree with you tho, this is just posturing
Re:House Democrats to propose ban on lawmaker stock trading ... by JumpCrisscross on Thursday July 28, 2022 @11:24AM (#32265577)
> this is just posturing

Eh, I don't think it is. Most members of Congress aren't minting money trading stock. The revolving door is far more insidious. Pointing at this lets pass make minor reforms, chuck a surprise at the eternally cynical and keep the goose that lays the golden eggs.

The partisanship of the accusations also helps galvanize support. Republicans can claim to be sticking it to Pelosi. Democrats can better cover their flank. The base will eat it up. Nobody in finance cares. And like two members of Congress will be slightly diminished millionaires. Broadly, a win-win. (Even if more marginally than presented.)