Trumps Plan to END Insider Trading in Congress (Its Finally Here)

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Summary

➡ A new proposal with wide support from both political parties aims to stop members of Congress from trading stocks, a practice that has been criticized for allowing lawmakers to profit from privileged information. This proposal, backed by President Trump, uses a procedural loophole to bypass congressional leadership and force a vote on the issue. If passed, this would be the first real ban on stock trading in Congress, with potentially huge consequences. The proposal has a good chance of passing, according to experts.

Transcript

If I want to do insider stock trading, just get elected to Congress. Look, we’re public servants. We’re stewards of the community. Nobody is above the law. You hear that. It’s kind of become cliche up here. But for years, members of Congress, we know they’ve gotten rich using hard-working American taxpayers’ money. Members sit on committees, we attend private meetings, where we gain privileged information about companies. Well, it’s finally happening. After years of failed attempts to stop Congress from insider trading, President Trump has found a loophole to end this blatant corruption once and for all. And it could happen literally in just a couple of weeks.

A new proposal, one with broad bipartisan support, if you can believe it, has been introduced to ban members of Congress from trading stocks. Now, Trump shared a video of freshman Congressman Anna Paulina Luna, alongside half a dozen other lawmakers, calling out fellow members of Congress for becoming rich off the backs of the American taxpayer and using privileged information to gain the stock market. Now, we’ve heard this before, but this time it looks like it’s really different. They’ve got a secret weapon, a little-known procedural loophole which allows them to bypass congressional leadership and force a vote on the floor.

This is the closest thing we’ve ever come to a real ban on stock trading in Congress. And the ramifications could be absolutely massive. And according to my expert, this has a real chance of passing. Well, joining me to break it all down for us is my good friend and insider trading expert Ross Givens. Ross has been following this story for years. He’s a 20-year market veteran, and he’s also hosting a free training event this Thursday, September 25th, at 3 p.m. Eastern, where he’s going to teach you how to follow the real insiders and potentially profit right alongside them.

You do not want to miss this. Be sure to click on the link in the description below to sign up. Ross, thanks for being back with us. Great to see you again, my friend. Hey, always good to see you, Dr. Steve. It’s always good seeing you. All right. So this is exciting. When this came across my desk, I was like, all right, this is awesome. So I don’t know how many times. I think we were talking about it. You’ve been on this channel dozens of times now. We’ve talked about this ad nauseam before. Several bills have been introduced over the years to ban stock trading in Congress.

Most recently, Mipha, you told me about this, was the Pelosi Act, right, introduced by Senator Josh Hawley, named aptly, of course, after the most infamous insider trader in Congress. But they never seem to pass. So, Ross, what’s different this time? Well, it is a very creative approach. I mean, like you said, they are exploiting a procedural loophole that would let them force a quick vote. So what they need, 218 signatures. So half the House, they get half the people to sign their petition. And if they get that, they can sidestep leadership. They can push this straight to the floor for a vote.

And this is very different from what we’ve seen in the past. So typically, Congress does what it does when it does not want to pass something. And you know this trick all too well, Dr. Steve. They bundle it with some toxic piece of garbage legislation that nobody’s going to vote for. So it’s like, oh, you want to ban stock trading? Okay, let’s attach it to that bill that makes murder legal or, you know, gives free sex changes to Ethiopian Orbeez, right? And they know no one’s going to vote for it. And they just did this. I know if I know a few Democrats that will vote for the Ethiopian one, but sadly, you’re right.

But well, you saw they did this with the Epstein files, right? We’ve seen all these headlines all week about every almost every Republican voted against releasing them. The truth is that old Chucky Schumer attached that measure to the National Defense Authorization Act of 2026. So the average citizen like myself would say, what do the Epstein files have to do with National Defense Acts? Nothing. But you have to vote yes on both of them. And so they pull that craps. They can say, see Republicans are hiding something that you know, it’s it’s nonsense. But this is what they’ve typically done with these trading bans.

Right, right. So so you’re saying that even though there have been bills to ban Congress from trading stocks, they’ve never been able to vote on just that one single issue. Exactly. Yeah. And I know there might have been one I remember one years ago that that somehow did get to a vote. And that’s when Pelosi was still Speaker of the House. Right. That that Crip Keeper, she calls a vote on the thing at like midnight on New Year’s Eve or something. Nobody shows up to vote. But yes, this one is different. Okay. Members of Congress, and this is why I think this has a chance.

Members of Congress, if they can pull this off, would have to stand up, cast their vote on record publicly on this one, singular issue. So those who vote no, come election time would have to explain themselves. And this one, there’s nothing to hide behind. And as you know, with your viewers, voters are fed up with insider trading. 87% of Republicans, right? 88% of Democrats. Basically everyone supports this ban. Yeah. And and so as I’ve talked to you before about, you said, Ross, what would it take? And I always said, I think it would take them losing reelection.

And if they got this, voting no could cost them reelection. That’s at least from what it looks to me, the only thing most of them really care about. Oh, absolutely. I mean, I agree. Absolutely. And and and we’ve got Trump behind it. He’s fully supporting. Uh, I mean, just last month he was in the Oval Office basically trolling Nancy Pelosi calling for an investigation on her. You know, he said she’s she’s got the highest returns in the history of Wall Street. And it absolutely I mean, it just absolutely reeks of corruption. It does. And he’s not wrong.

It’s true. She does have some of the highest returns in history of Wall Street. I mean, she’s been the poster child for insider trading in D. C. She’s made $300 million on very suspiciously well timed investments. And you know, people are always surprised when I talk about this, not that they’re doing it, but that you can follow their trades, right? Right. Right. The only silver lining. The only reason we’re in business is they have to report this stuff. There’s a public record that anyone can access online every time they buy a stock. I pulled this one.

This is Nancy’s latest. This is her trade from July. And if you look there, this is her, uh, the official disclosure on the House website. It shows that she converted call options to buy 20,000 shares of Broadcom. So around a $2 million buy. That was three months ago. The stock’s already up over 50%. Right. And so you can follow along whether you put 1000 in 100,000 a million in 50% in three months is 50% in three months. Right. That AI stocks she bought in January would have 100% the first month. And so anyone can follow along with this stuff.

So that’s that’s why we do those training events. It’s good time. I got one this Thursday. It’s free. I show people everything. But if you guys are interested, click that link below, put in your email. Uh, it’ll blow your mind and because you know, Pelosi’s not alone, right? Democrats, Republicans, they’ve all been crushing Wall Street. For years, they’ve consistently beat even the best hedge fund managers in the world. I’ve shown this to you before, Dr. Steve, but some of your viewers may not have seen it. These were some of their returns last year. Is there individual members of Congress just in 2024? Look at those numbers.

Yeah, it’s insane. Right. I mean, I’ve marked Warren Buffett for reference. He’s at the bottom. Okay. I mean, 149% Debbie Schultz. Debbie Schultz. Oh my gosh. Made 142%. Schultz has a degree in political science for the University of Florida. What, excuse my French, in the hell does she know about stocks? Yes. Yet she beat every professional hedge fund on Wall Street last year. Right. How is that possible? Right. Right. She cheats. And this is one of the stocks. She, this is Viasat. Look at that. Got in at 10 bucks a share. Nine months later, it’s at 32.

Tripled her money. Nine months. Now I’m sure with all due, I’m sure it is a total coincidence that this company is a military contractor for the Department of Defense. Totally coincidental that Debbie Schultz sits on the House Appropriations Committee. That she’s the ranking member for the subcommittee on military construction. Nothing to see there. Right. Just a coincidence. But, you know, Congress, they’ve been treating the stock market like their personal ATM machine for decades. Pelosi’s the most famous. She’s the most fun to put fun at. It’s the most obvious, but she’s not the only one. There are Debbie Schultz’s all over the DC swamp.

Yeah. Yeah. It’s a business model. It’s some people, it’s some people going to, you know, some people start businesses. Some people go into the corporate world. Some people go into government. It’s all for the same purpose is to make tons of cash. Unfortunately, unfortunately off of taxpayers in the, in the latter option there. So, so all right. My blood always boils when I chat. I always make you angry, Dr. Steve. It’s so cool though, because you do turn the lemons and lemonade because you’re showing all these wonderful patriots how they can piggyback off of this and profit themselves, which I love.

But let’s get to the brass tacks of this. Can this pass? Because we’ve seen other versions of this. They’ve all failed. Do you think this one is the one? Listen, there’s a chance, right? We’ve seen far crazier things happen this year. Is this the one personally just me and maybe I’m cynical. I wouldn’t bet on it. You know, you, you’ve got lawmakers making millions of dollars trading these companies that they’re regulating. They’re not going to cut off their own gravy train. They’re not going to fill in their honey hole. Maybe listen, if all the stars align, Trump gets behind it.

It gets a ton of publicity. Nothing else is in the news. They’re forced. Maybe it passed. But even if it does, it’s not going to affect our, our strategy. Well, that’s so interesting. You point that out because I mean, what Congress is doing is in many ways, just kind of a model of the larger, the larger approach that you guys take because you don’t just follow Congress. You follow, you follow the real insiders, the ones who are whispering in Congress’s ear, the corporate guys, right? Like the CEOs. Yeah. Right. I mean, listen, if, if, if Debbie Schultz is knocking out these kind of numbers with her poli side degree, on the Hill, imagine what the CEO of a fortune 500 company can do, who is in that company, who knows, right? And if you look at that, we’ve been doing this since 2017.

So I got enough data to look at all of our biggest wins have come from track these corporate CEOs, right? So can you see when Pelosi and those trade? Yeah. But you can also see when the chief executive officer of a company buys, you can see when the CFO buys, you can see when the board members this week, we heard Elon must put a billion dollars into Tesla. You could have seen that live and the stock shoots up. Right. And, you know, unlike Congress, these are reported almost immediately. They have like 48 hours to report it.

So usually you see it like the next day. And on top of that, they’ve got to hold it for six months. So like, they’re not just doing this willy nilly and shaking the stock around. Like, these are not random trades. These are high conviction buys with their own money at the companies that they run. And, and they can, you know, they can lead to big moves. So these aren’t, in other words, these are not guesses. This is not trial and error on their part. These are, these are real money babs by people who know the business inside and out.

That’s right. And listen, for every Pelosi, there’s three other dum dums in Congress that probably couldn’t trade their way out of a paper bag. But you don’t get in the C suite of the Fortune 100 without knowing a thing or two about investments in the market, your company, equity valuations. And they just know more than us, right? So they have, when you, when you see them all piling their own money into their own stock in their own account, when you see it from half the board of directors, all the C suite guys, they’re doing it for the first time in two, three, five years.

Like, it is usually a sign that something big is coming for a pharmaceutical company that might be a positive drug trial. It could be an earnings beads, an AI breakthrough, a buyout offer. I mean, you name it. Yeah, something’s coming and they know it. We don’t, but they do. And you’ve had some, I know you and I’ve been together now for a couple of years, you’ve had some really incredible results with this strategy. We have, I mean, listen, and I don’t, I don’t, you know, I don’t think this is braggadocious because I give myself zero credit.

This is not because Ross Givens is a stock whisperer. It’s because I know where to look. We’ve beaten the market every year since 2017, just following these traits. So when the guys running the company or governing the country or however, you know, whatever pool you look from, when they start buying, we follow along. It is that simple. Yeah. And we’ve booked gains as high as 1900% doing this. Dang. Sounds like trading like Pelosi. You guys are pretty good there, huh? I like that. I mean, you know, it’s just follow the leader. But ethically and legally, that’s right.

Nobody’s bribing you. That’s the beauty part of it. Yeah. Gang. I mean, just imagine being able to see exactly what these insiders are doing and just following along. This is exactly what Ross is going to show you in his free online training. It’s this Thursday, September 25th at 3 p.m. Eastern. The link is below. You don’t want to miss this. Ross, this feels like the closest thing to a legal cheat sheet. Yeah, essentially, it is right. I mean, listen, and it’s and this is you can spend your life studying financial statements and chasing rumors and all the things where you can follow the people running the company.

So, you know, who has better information? Me and you at home. Look at the same thing. Everyone else does or a CEO in the boardroom negotiating the deal, right? It’s just common sense. And all this is public information. There’s nothing illegal, unethical about it. It is hiding in plain sight. You just need to know where to find it, how to interpret it. So that’s what I’m gonna teach the event this Thursday. And I hope everyone comes. I should also mention, even if you can’t come live, be sure to register for that. We’re gonna send out the research our most recent picks.

We’re gonna send you a full stock pick all the research. And usually when people see this, when you see what information is available to you is extremely eye opening. So I encourage you to do that, even if you’re busy on Thursday. Yeah, nothing to lose as it were to win win. So gang, click the link below. And this video to register. It really is your chance to learn how to follow Pelosi and other insiders, but completely legally and ethically. The event is free as they always are. It’s online. Enjoy it from the comfort of your own couch.

But seats are limited. And so and they do fill up fast. I’ve seen. I’ve seen Ross’s free webinars fill up incredibly fast, like within 12 hours. So don’t wait. Be sure to sign up right now, Thursday, September 25th, 3 p.m. Eastern. Just click the link below. Get signed up. And we’ll see you guys there. All right, Ross. We’ll be following that. We’ll be following this. This what is it? It’s not a bill. I guess it’s a measure. What have you. But yeah, they call it a measure. I don’t even know what you refer to it. Yeah.

Yeah. But hopefully that hopefully we’re gonna see something come of this. But thank you for bringing us inside, you know, right within our radar. But really appreciate it. Thanks, Ross. Hey, always good to see you, Dr. Steve. Great work, man. You too, man. [tr:trw].

See more of Dr. Steve Turley on their Public Channel and the MPN Dr. Steve Turley channel.

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