President Joe Biden has endorsed a ban on congressional stock trading in an interview that’s being released this week. It's the first time he's publicly backed the idea.

Right when he’s completely useless, he pushes for this. Pathetic and disingenuous.

  • inclementimmigrant@lemmy.worldOP
    2·
    5 hours ago

    I’d only be okay with it if those trades were reported and published publicly within the hour of the trade.

    Let everyone benefit from inside trader or do the right thing and make everyone subject to the law.

    • cristo@lemmy.worldEsperanto
      2·
      4 hours ago

      I thought that was currently the case they just had a 45 day max reporting timeline, unless my Nancy pelosi clone portfolio has been lying to me. Apparently her average reporting time is 14 days

      • TriPolarBearz@lemmy.world
        2·
        3 hours ago

        Just curious… How is your Pelosi clone portfolio going? Is it a legitimate investment strategy compared to the usual suggestion of index funds?

        • cristo@lemmy.worldEsperanto
          2·
          3 hours ago

          So far over the past year I’ve had it active, I’m up 40%. It seems to be working well, I have it automated through a service called Autopilot and it has already paid for itself. I wish I put more into it at the start but so far I’ve got no complaints.

        • Vanix@lemmy.dbzer0.com
          2·
          3 hours ago

          There’s two ETFs now for tracking democrat trades and republican trades if you have any interest in tracking this kind of portfolios performance! I don’t think there’s an ETF for Nancy specifically but she’s definitely a part of the dem ETF

          • TriPolarBearz@lemmy.world
            1·
            3 hours ago

            Cool, I tried looking it up.

            Seems like the tickers are NANC (D) and KRUZ ®

            Are those the ones you are taking about? If so, I love the tickers.