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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.