Is Wall Street now writing the laws?
Everyone is cheering because Trump wants to ban Congress from trading, as if that were the magical solution to financial abuse.
Sure! Because when a politician says "ban", we all assume it’s for ethical reasons... not because they’ve already profited.
The good part?
Yes, it’s a necessary step. Limiting trading on insider information should be obvious. Politics shouldn’t be a launching pad for secret hedge funds.
But... what about the downside?
Everyone says "ban them now!" but no one asks who will oversee the enforcers.