[問題] Laws are useless, and congressional news is reduced to a money-making tool.

jiuyuea

In 2012, the United States promulgated the "Stop Using Congressional Information Trading Act", which aims to regulate that non-public information obtained from their positions cannot be used to trade stocks for personal gain, and congressmen should disclose relevant information within 45 days of their financial transactions, but the law Almost in vain. An investigation by Business Insider, which began last year, found 72 members of Congress violated the Stock Act by disclosing deals late, inaccurately, or not at all, but were only hit with small fines of $200, sometimes will also be exempted. A report by Unusual Whales shows that every time a major legislative event in Congress is preceded by a large number of stock trades by lawmakers. For example, Republican Rep. Master bought the stock of the marijuana industry company, and then voted to support the marijuana legalization bill, with a gain of 563%; after the Democratic Rep. Lofgren initiated the electric vehicle tax credit related bill, he purchased the electric vehicle company stock. , making a profit of at least 71%; as for the congressmen who voted to promote the investment chip bill after purchasing the stock of the chip company, and bought Pfizer stock before the US FDA announced the approval of the emergency use authorization of Pfizer's new crown vaccine, there are countless more.