• finitebanjo@lemmy.world
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      5 days ago

      She’s probably never made a trade in her life, in the USA married couples have joint assets so she has to report all of her husbands trades by law that she helped pass. The husband that she married in college.

      The biggest example of “insider trading” I’ve seen people accuse her of was VISA offering her husband stock options right before a big vote on VISA regulations, but then she voted against VISA’s interests. Her husband still made a profit, though. There are some years they operate at a net loss, and the majority of wealthy stock traders in congress are Republicans who didn’t even marry any stock brokers.

      I used to mock people for wanting to outlaw all stock trading in congress including Nancy’s circumstance as it would basically force her to divorce, him to retire, or expel her from congress. Right now, though, I’m thinking we’ve had enough of her time in the spotlight and that some younger legislators should replace her, so onwards and upwards with banning trading.