Members of Congress would be required under the trust act to be in a trust and they would not be able to trade any stocks. Does that mean a blind trust? Meaning they don't even know where their own investments are? It's a trust that is either a blind trust or a diversified trust. Means it has to be over, oh like an index fund or over 30 different percent or so of different sectors. And I led, I was a co sponsor of the trust act and led on that and have led the call. But it's not just about banning stock trading. (29:31–29:45)
CLAIM
Asserts that the trust must be a blind or diversified trust, similar to an index fund or diversified over sectors.
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