Hours before announcing his decision Wednesday to lower tariffs on nearly every country in the world for 90 days, President Donald Trump posted on Truth Social urging people to buy stocks.

“THIS IS A GREAT TIME TO BUY!!!” he wrote, signing it with his initials.

At least one GOP lawmaker took his advice: Rep. Marjorie Taylor Greene of Georgia, who worships at the feet of Dear Leader.

    • thallamabond@lemmy.world
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      4 days ago

      It’s complicated…

      https://en.wikipedia.org/wiki/STOCK_Act

      96:3 Senate

      417:2 House

      The real world effectiveness of the STOCK Act at curbing insider trading is up for debate. Insider trading laws which already existed to stop such practices lack specific definitions making them difficult to enforce, the STOCK Act attempts to rectify this but critics argue it does not do enough