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Washington Wise Investor Podcast - Part 2
Ethics groups are worried that this is part of a trend. Members of both parties saw what happened when senators disclosed their trades and then ended up being reviewed by the justice department. There hasn't been one member of congress that's been formally sanctioned for any kind of violation. A 200 dollar fine if you're making ino tens or hundreds of thousands of dollars on trades, is not really a big hardship for a lot of members of congress who are wealthy.