• blastosist@lemmy.zip
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    20 hours ago

    It should be illegal… for Democrats , but this is proof of how extra special smart that Trump is

    MAGA logic ( as if they will ever come in contact with this story )

  • Mulligrubs@lemmy.world
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    22 hours ago

    If congress and senate can do it, of course the President can do it.

    (and let’s remember, they all get the best healthcare on Earth, and never have to pay for anything or do anything, and they only work a few months a year on top of that; the rest of the time they’re being wined and dined by lobbyists)

  • w3dd1e@lemmy.zip
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    2 days ago

    Once again, many comments that didn’t read the article.

    US Sen. Elizabeth Warren (D-Mass.), who has previously sounded the alarm over Trump’s “unprecedented” trading, said on  Tuesday that “it should be illegal for the president to trade individual stocks—period.”

    As it is not, he has to send a 45 day notice that he doesn’t do, which is illegal.

  • Octavio@piefed.social
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    3 days ago

    It is illegal. The insider trading laws should be enforced. Presidential immunity does not apply to stock trading. Hopefully we will at some point get a normal government again and some of the ill-gotten gains can be clawed back.

  • im_fine_sandy@nord.pub
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    3 days ago

    “Insider Trading” is illegal, just never enforced.

    IDK whether what Trump is doing meets the definition of “insider” trading because the law is intended to prevent CEO’s and managers trading on the strength of pre-release financial information.

    However, like a great many of the behaviors of this administration, no one ever really thought of making it illegal in the past for two reasons. Firstly presidents have always had respect for the office, some less so than others but they were all somehow aware of their duty to fit and proper conduct. Secondly everyone assumed that if a president were to very unashamedly enrich themselves through the office, they would be removed from office.

    Narrator: sadly however, the people of America were mistaken