The U.S. Senate suddenly takes a big step, the (HONEST Act) bill enters review, directly prohibiting members of Congress, the President, and other high-ranking officials from trading stocks and derivatives while in office!
It should be noted that U.S. politicians used to treat the stock market as an 'ATM'! The Pelosi couple achieved returns from insider trading that exceeded Buffett's, while Federal Reserve officials set policies and traded stocks simultaneously. 57 lawmakers violated regulations, yet no one was prosecuted; the old bill was merely a facade! Now, the new bill is serious, with violations leading to direct fines and confiscation of profits. Is this going to end the 'monetization of power'?
But doubts arise: Treasury bonds and diversified funds are surprisingly exempt. Is there a backdoor left? Will high-ranking officials sell stocks in advance and transfer funds to the crypto market? After all, the crypto space is not bound by traditional regulatory constraints. Is a wave of capital migration about to come?
More importantly, 70% of Americans have long called for a ban on politicians trading stocks. Will the bill actually be implemented this time? Or will it end up like before, fizzling out?
Want to know the real impact of the bill on the crypto world? Want to get alerts on fund flows? Hurry up and follow me, comment 'Clear Flow' in the comment section, and I will send you the changes in high officials' holdings and layout guidelines directly. Follow the money to profit without pitfalls!#美联储官员集体发声 #美SEC推动加密创新监管 $ZEC
