Ocasio-Cortez: Colleagues ‘should probably disclose’ recent stock purchases now

https://thehill.com/homenews/house/5242235-alexandria-ocasio-cortez-congress-stock-donald-trump-tariffs/

40 comments

  3. They guilty af but nothing will happen…best we can hope for is using the obvious corruption for very effective campaign ads against incumbents by the opposition.

  4. Like anyone is going to hold them accountable. Remember Dan Crenshaw arguing that politicians deserve to do insider trading?

  5. None of them will. They will wait 2 yrs, then file a amended disclosure, and say ; Woops my bad , slipped my mind. We have heard it all before

  6. They only need to prohibit direct trades. If they are managed i.e. a fund, don’t see the issue. Would be good for optics if they disclosed any direct trades, though.

  7. Crazy that they’re not required to disclose this regularly. I’m a Paraeducator at a public school and my salary is public information, but Congress peoples financial portfolios aren’t? 

  8. Our elected congressional figures are greedy as fuck sitting on stock portfolios. You’re there to work for the people, not to get fat off stock options.

  9. Plus, Trump made $415 million through the 21% gain in his Truth Social stake alone. It’s in a “blind trust” overseen by his son, but with how this administration is with checks and balances we know he knows.

    And that’s just Trump social. Who knows what other insider trading him and his cronies committed on the knowledge the announcement was coming. A well-placed options trade knowing a 9% spike recovery in the market could make many times, even order of magnitudes, the original bet.

    Like playing roulette and being 98% sure which number is going to hit.

  10. Take “probably” out and we have a deal. They should disclose recent (and all stock) purchases (and sales) at every moment they do it.

  12. If you can’t ban stock portfolios, require that they are public record.

  13. Sadly, in our new reality, absolutely nothing will happen to those who engaged in insider trading. Heck, it’s pretty much celebrated at this point.

  15. I’m still in awe that this stupid fucking trade and tariff and stock riches bullshit is so much more important to everyone than the people that were essentially kidnapped and shipped to another country or arbitrarily held in ICE custody.

  17. Watch Trump go after every D that profitted and any R that turns on him and profitted.

  19. Damn, I wish we could have up-to-date info on the stock trades of these people. Mainly so we can know which of them are the most unethical, but also a little bit so I could just instruct my stock guy to follow their purchases so I could make some real money. Hell, maybe enough to afford a stock guy.

  23. Congress shouldn’t trade stocks at all–but as long as they do, at minimum they should be publicly releasing their trading information within days, if not hours.

  25. Mike Johnson “members should not disclose recent stock purchases”

  26. Congress shouldn’t be able to invest in individual stocks. S&P & bonds only

  27. How many broke politicians we got? (Just curious if anyone can name a politician that’s not considered wealthy)

  28. Republicans, democrats, tea party, libertarian, rent is too damn high, all of them need to tell us what stocks they got.

  30. I can’t wait for none of them to be held accountable whatsoever.

    Reminder that members of congress and the senate should not be allowed to trade stocks while in office.

  32. OMG. Just think of the possibility of integrity remaining a real value.

  33. There is a simple solution to this that will never happen but I will advocate for it as much as possible after this mafia of an administration.

    If you are elected to Federal Office you must liquidate and forgo ALL private investments you have. You will be given two index funds managed by the treasury department to invest in that are tied to the Dow and S&P and you can only buy while you are in office. When you leave, everything is sold regardless of price they day you leave office. Any outside investment results in immediate loss of elected office.

  34. Why? They have 45 days according to the LAWS MADE BY CONGRESS!!! And if they are late it’s a (checks notes)… $250 dollar fine!!?!

    Zero incentive to not insider trade as a member of Congress.

    Totally F’d up.

  35. I mean, they can disclose all the want and we can see the evidence. But nothing is going to be done about it.

  36. I’m in finance and cant trade without pre-approval from compliance just in case it “gave the appearance” that I had insider knowledge. The fact that congress members are exposed to true non-public knowledge on a daily basis and can still trade is an absolute disgrace.

  37. Republicans and Democrats are both guilty of doing this. Our government is full of corruptions. Why make laws if you can’t abide by them? How much more money do these greedy bastards need? The rich getting richer, the poor getting poorer.

  39. Not probably. Definitely, for sure, in haste, absolutely, positively, certainly. I think, for me anyway, this is the first time that AOC has misspoke

  40. The US is a joke. Total kleptocracy at this point.

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