The basics: All members of Congress, their spouses, and dependents under 18 would be barred “from owning or trading securities, commodities, futures, derivatives, options, or other similar financial assets.” They would have to divest the “prohibited investments within 120 days of the effective date” of a new law and place them in “a Qualified Blind Trust” or “widely held, diversified mutual or exchange-traded funds, or U.S. Treasury bills.
Within the Democratic majority, supporters of the idea include such staunch progressives as Alexandria Ocasio-Cortez of New York and Katie Porter of California as well as moderates such as Abigail Spanberger of Virginia and Jared Golden of Maine. The top two names on the letter were those of Reps. Raja Krishnamoorthi and Brian Fitzpatrick .
When he was elected, Krishnamoorthi said, he and his wife sold “all of our individual securities” and put the money into mutual funds. He wanted to avoid being “caught in a situation where I’d have to be voting on something that would affect the value of those securities,” not to mention the need “to deal with all the disclosure requirements.
This is bipartisan. We need to make it happen. I suggest that if they want, they can invest in some sort of USA etf that directly reflects GDP, therefore incentivizing them to improve the country.
Except they won’t
Yeah, let's see if we can save democracy first.
Let’s push for term limits and three Party system
This should also exclude them from investing in non publicly traded foreign companies. We would probably see a needed course correction on the clean energy agenda that will cripple us as it has done much of Europe
duh
反対派を脅迫し、真相を取材するマスコミに脅しをかける。もう宗教の体を成していない統一教会‼️‼️暴力集団反対‼️暴力反対‼️‼️
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Source: Cointelegraph - 🏆 562. / 51 Read more »
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