Pelosi defends stock trading by lawmakers. ‘We are a free-market economy’
"We are a free-market economy" is simply not a defense of congress members being able to trade individual stocks with no restrictions. Free-market economies still take measures against insider trading, still place limits on how and when high-ranking executives can trade company stock. Placing restrictions on how congress members can trade, when they have access to material non-public information, is totally compatible with a free-market economy.This is not a defense, it's a dismissal.