| ▲ | teknopaul 20 hours ago | |
Stats on politicians trading habits, indicates insider trading like this is standard practice in the USofA. No beleives MAGA nuts are trading experts. | ||
| ▲ | tsimionescu 19 hours ago | parent | next [-] | |
Politicians don't have anything to lose from this. There is (shockingly!) nothing illegal about politicians making trades based on decisions that they know they are about to take that have a significant and easily predictable impact on the market. By contrast, making public bets based on classified information that you are not authorized to publicize is a simple and relatively direct breach of laws regarding the handling of classified documents and state secrets. | ||
| ▲ | graemep 6 hours ago | parent | prev [-] | |
A number of Trump's cabinet advisors have strong backgrounds in finance. At least two former hedge fund managers and one VC that I know of in prominent positions and I do not know much about American politics. | ||