Congress: Trading stock on inside information?
Another interesting point is that Congress can actually influence outcomes. For example, if you (the congressperson) have a lot of cash invested in the defense department, you'd likely push for as much defense spending as possible, even if it it's against the best interests of the nation.I think it's time to end that. Public officials should not be able to influence their financial portfolio. At the very least, every trade, investment, position by an elected official should be made public so that we are aware of what we're voting for: Not a representative of ourselves, but of industry and their pockets.