AOC says Democrats in Congress are doing insider trading: ‘Every day people think people are stupid’
representative. Alexandria Ocasio-Cortez (DN.Y.) publicly condemned the stock trading activities of lawmakers, pointing out the apparent inconsistency among Democrats.
What happened: Ocasio-Cortez and John Stewart They expressed their disapproval of members of Congress owning and trading stocks during a conversation on Stewart’s “The Weekly Show” on Friday.
During the podcast, Ocasio-Cortez highlighted what she sees as “hypocrisy” within her party regarding the issue.
According to Ocasio-Cortez, Democrats need to make sure their actions match their words, and she pointed to insider trading in Congress as a glaring example of this hypocrisy.
“There has to be Democrats who walk the walk and talk the talk,” Ocasio-Cortez said. Interior in Congress.
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“It’s so crazy. I mean, it’s the end of it. Like, people think regular people are stupid. I’m like, ‘Do you all really think people don’t see this crap?'” Ocasio-Cortez added.
Stewart agreed, noting that the positions lawmakers hold on committees gives them access to inside information that can bolster their business portfolios.
“And then we’re supposed to act like money only corrupts Republicans?” Ocasio-Cortez said.
Both Ocasio-Cortez and Stewart disputed the idea that the public is not aware of these practices. Their statements come in the wake of increasing demands to prevent lawmakers from trading stocks.
Why does it matter?: The issue of legislators trading stocks has been a controversial topic for some time. Critics say it creates a conflict of interest and provides an unfair advantage to those in power.
Recent comments by Ocasio-Cortez and Stewart bring this issue back into the spotlight, which could lead to further discussion and action on the issue.
As highly influential public figures, their position can influence public opinion and pressure lawmakers to reconsider their position on the issue.
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