Joe Rogan just ripped into the Pelosi family corruption, bringing attention to an issue I have been talking about for years -- Congressional Insider Trading.
Nancy Pelosi pushed through legislation giving federal funding contracts to electric cars, but knowing the bill would pass, her husband bought over $2 million in Tesla stock before the vote. He made a profit of over $420k on that one trade alone.
Last year, Nancy Pelosi got better returns (69%) trading in the stock market than even convicted criminal Bernie Madoff!
That's disgusting. They're enriching themselves, while bankrupting the country.
That's why I have sponsored legislation in Congress to end insider trading. It's called the TRUST in Congress Act and it's getting bipartisan support.
The Transparent Representation Upholding Service and Trust (TRUST) in Congress Act requires Members of Congress — as well as their spouses and dependent children — to put their investment assets into a qualified blind trust during their entire tenure in Congress. This effectively ends insider trading in Congress.
While politicians are making really important policy decisions on big tech, big pharma and big insurance, they are simultaneously buying and selling equities within these industries.
Our Representatives should be prevented from using their positions of power to fatten their investment portfolios. Sign here if you agree >>
Members of Congress are public servants – their constituents and our country should be the only priority while they serve in office.
We will be able to separate the wheat from the chaff based on how they vote. Wouldn’t it be great to pull the curtain and see which politicians are principled and which are financially corrupt?