There's a broad public concern that members of Congress are getting inside information and then might be in a position to leverage that in the financial markets. Insider trading is really difficult to enforce. It's against the law for anyone, including members of Congress, to use inside information and then make a trade. The challenge, of course, is enforcing that. And so my solution says let's just put a blanket ban on members of Congress from trading individual shares of stock while they're serving in Congress. (11:32–11:38)
CLAIM
Asserts that using inside information for trading is illegal for everyone, including Congress members.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
