Apparently Ms Pelosi isn't insider trading?!

For months [anger entrepreneurs] have raged that the Capitol is full of legislators making corrupt fortunes from “insider trading” in the stock market. This isn’t reality. But the House responded to public concern Wednesday by passing, in a 232-198 vote, a bill called the Stop Insider Trading Act.
As a reminder, Congress is already banned from trading on nonpublic information by the 2012 Stock Act. Transactions of more than $1,000 must be disclosed

aaaaand they're not genius stockpickers:

One academic study of Congress’s trading disclosures from 2012-20 found “no evidence” that lawmakers overall beat the market: “House and Senator stock returns are consistent with random stock picking.” Voters also are free to fire any politician they regard, fairly or not, as conflicted or distracted.

OK, cool, but then why is the corrupt former speaker so outrageously wealthy...?

Yet in some quarters it’s taken for granted, as a social-media truth, that Congress is obsessed with day trading at the public’s expense. For the record, less than half of the Senate and only a third of the House held shares in individual companies in 2024, the Journal reported.
What if a good potential candidate has a husband in finance? Or wants to serve a term in retirement, but not at the cost of an asset fire sale?

At least Rep Bresnahan was innocent...?

The Medicaid reforms were hotly debated, no insider secret. Mr. Bresnahan told NBC he “never instructed my financial advisors on what to buy, sell, or hold.” His disclosure showed all sorts of transactions, including sales of PepsiCo and purchases of Kraft Heinz, consistent with professional portfolio management. The Medicaid stocks he allegedly “dumped” included CVS Health, a big, diversified firm whose shares are up about 68% since May 2025. Mr. Bresnahan voted yes on Wednesday’s bill.

I dunno, man; don't believe it. Still convinced they're all corrupt twats

"The point is to be wary of argument by anecdote, since the trading database is a big haystack, and journalists are pattern-seeking animals."

Good advice.

Also, liquidate everyone:

Sucks that I have to agree with Ms arch-socialist pleb AOC on this one point, but wth?

Progressives want to clear out that type of lawmaker. There are “too many” millionaires in office, socialist Rep. Alexandria Ocasio-Cortez said last fall, and making them liquidate can “even the playing field.”

Sir editorial board, I noticed that you never addressed Ms Pelosi's discretions?

I shall read the investigation Grok suggested when I asked about this.

"Congress needs more people, not fewer, with experience in business."

I mean, not boomers but ok. #1528521, #1521908; they need to be fucked.

archive: https://archive.md/T9wRs