#CanadaSOLETFLaunch Trump's Bold Move: Ban Congress from Trading Stocks & Crypto* ๐Ÿšจ

Former President Donald Trump has proposed a significant change: banning members of Congress from trading stocks and cryptocurrencies while in office. This initiative aims to address longstanding concerns about potential conflicts of interest and insider trading among lawmakers.

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๐Ÿง  *Background: The STOCK Act's Limitations*

In 2012, the Stop Trading on Congressional Knowledge (STOCK) Act was enacted to curb insider trading by requiring lawmakers to disclose their financial transactions. However, enforcement has been inconsistent. Reports indicate that numerous members of Congress have violated the Act without facing substantial penalties .

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๐Ÿ” *Recent Scrutiny: Timely Trades Raise Eyebrows*

Instances have emerged where lawmakers made significant trades shortly before major policy announcements. For example, Representative Marjorie Taylor Greene purchased substantial stock holdings just before a tariff pause was announced, leading to questions about potential insider knowledge .

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๐Ÿ“ˆ *Implications for the Crypto Community*

The cryptocurrency sector, which values transparency and decentralization, may view this proposal favorably. By restricting lawmakers from trading assets they regulate, it could enhance trust in both governmental decisions and financial markets.

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๐Ÿ’ฌ *Public Sentiment: A Call for Accountability*

Public trust in governmental financial integrity has waned, with many advocating for stricter regulations to prevent conflicts of interest. Trump's proposal taps into this sentiment, suggesting that those who create laws should not personally benefit