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The Senate has a new plan to ban congressional stock trading. Here's what's in it.
(www.businessinsider.com)
this post was submitted on 24 Jul 2024
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politics
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That basically locks any normal person from being able to afford to run for congress.
You can't save for retirement with the growth rate of bonds.
You can with mutual funds though - and those are allowed. It seems well targeted to just eliminate strategic stock picking.
Oh mutual funds are allowed? That wasn't clear from any of the stuff I read.
Yeah that's fine then.
It used to be that a blind trust was deemed acceptable, so what changed? Are they not as blind as advertised?