President Biden signed a bill that states if TikTok doesn't cut ties with its China-based parent company ByteDance over the next nine months to a year, it will be banned in the U.S.
I’d be fine if they were allowed to invest in things like mutual funds so that they could take advantage of the market without being able to do insider trading of a specific stock.
Fun fact: Congresspeople can legally inside trade, but the rest of us cannot.
Politicians should be banned from stock market. Total conflict of interest.
I’d be fine if they were allowed to invest in things like mutual funds so that they could take advantage of the market without being able to do insider trading of a specific stock.
that would be better, but they could still invest in specific sectors or industries.
Yep, and maybe that’s somewhat acceptable, but we could also confine it to diversified mutual funds meeting specific criteria.
Edit: confine, not congratulations