Rep. Mike Levin just dropped a bomb: congressional stock ownership is "outrageous." He's pushing hard for a complete ban. Think about it - lawmakers voting on policies while holding stakes in affected companies. The conflict of interest couldn't be more glaring. This debate isn't new, but voices like Levin's keep the pressure on. Whether we're talking traditional equities or the emerging crypto landscape, the principle stays the same: those making the rules shouldn't be playing the game. Will Congress actually police itself though? That's the real question.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Repost
  • Share
Comment
0/400
LiquidityHuntervip
· 20h ago
To be honest, Congress regulating itself? Dream on, man. This will never change.
View OriginalReply0
ImpermanentLossEnjoyervip
· 12-05 05:28
Well said, but do you really think Congress will self-regulate? I’d bet five bitcoins they won’t. Do you think these people who are making a fortune will give it up voluntarily?
View OriginalReply0
SeeYouInFourYearsvip
· 12-03 23:24
Haha, Congress governing itself? Keep dreaming, these people have long been used to biting the hand that feeds them.
View OriginalReply0
CryptoFortuneTellervip
· 12-03 23:17
To be honest, this will never actually be banned. How could the lawmakers really restrain themselves... They've long been used to this kind of game.
View OriginalReply0
PumpAnalystvip
· 12-03 23:04
Same old story—lawmakers make the rules while profiting themselves. Isn’t this just large-scale market manipulation? [Thinking]
View OriginalReply0
BearMarketHustlervip
· 12-03 23:03
You're absolutely right. When it comes to trading stocks, senators are on a whole different level compared to us retail investors. They have access to information asymmetry and can make guaranteed profits. What's the point of playing this game then?
View OriginalReply0
HashBanditvip
· 12-03 23:03
lmao "police itself" is hilarious... back in my mining days we had more integrity than congress does now ngl. conflict of interest on the blockchain would get you slashed in seconds but somehow it's legal for them? gas fees on this entire system fr fr
Reply0
consensus_whisperervip
· 12-03 22:58
Haha, the congressman makes it sound nice, but can they really ban it? Anyway, the interest groups won't agree.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)