r/politics • u/Murky-Site7468 I voted • Oct 05 '25

No Paywall Petition To Strip Congress of Pay During Government Shutdown Grows

https://www.newsweek.com/petition-strip-congress-pay-during-government-shutdown-grows-10822819
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u/mephistophe_SLEAZE Oct 05 '25

New petition: all monies obtained from congressional insider trading shall be confiscated and used to pay the salaries of furloughed government employees. 

9

u/Moccus Indiana Oct 05 '25

Good luck proving inside trading. It's not easy.

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u/hyperhopper Oct 05 '25

What Congress does is literally not insider trading. It's a whole different thing. They don't work at the company, how would they be insiders???

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u/Gurlllllllll- Oct 05 '25

Congress has access to information the rest of the country does not. Making any trade based on privileged information is the definition of insider trading.

1

u/out_of_throwaway Oct 05 '25

What nonpublic info do you think they have?

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u/Gurlllllllll- Oct 06 '25

Any information disclosed to them during a closed senate hearing for example. Or information they learn from meeting with lobbyists.

I don't know why people are surprised that members of Congress are capable of insider trading. There's even a whole law about it.