Unusual Whales cover image

Unusual Whales Pod Ep 17: No PACs, TRUST Act, Political Trading, and the future of Congress with Congressman Ro Khanna

Unusual Whales

00:00

The Trust Act Doesn't Apply to Senior Federal Employees

There is an active effort currently by some senators to prevent buy ins by employees on stock issuing companies. One and five senior federal employees own stock and companies that are actively lobbying their federal agencies per Elizabeth Warren, give us an understanding here if you can row on the situation. Well look the trust act doesn't apply to senior staff I would say that I would apply it to senior staff so you shouldn't have the situation. But the most lobbying happens in a more mundane way. They're involved in the drafting of 3000 page bills. No member of Congress is sitting there reading every line. And they get things inserted in those bills he gets poison pills inserted into those bills. He's seen lobbyists kill

Play episode from 16:01
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app