Congress and Insider Trading: A Double Standard
About this video
Check out this video I made with revid.ai
Try the AI TikTok Video Generator
Create your own version in minutes
Video Transcript
Full text from the video
Congress may seem untouchable when it comes to insider trading. Despite the 2012
STOCK Act aimed to curb this by mandating trade reports in 45 days, lawmakers only face
a $200 fine for violations. This is pocket change to the wealthy. In 2023,
over 70 members breached these rules, trading in industries like defense and tech,
which they oversee, yet faced negligible repercussions. Regular citizens could face imprisonment
for insider trading, but Congress gets a mere tap on the wrist. Proposals to ban
Congress from stock trading are stalled, blocked by those who profit. Until change comes,
the scales remain tipped in their favor. Follow for more insights on government,
240,909+ Short Videos
Created By Over 14,258+ Creators
Whether you're sharing personal experiences, teaching moments, or entertainment - we help you tell stories that go viral.