Where the hell is the FBI? A sitting senator just admitted on national tv that he is basing his stock buys and sales based on what he is hearing will happen in congress to companies affected by bills that may or may not pass.
THAT IS INSIDER TRADING! If you know a company or entire niche of businesses are about to get a law passed stopping or helping them, then you go and make stock purchases based on that insider knowledge; by definition that is insider trading!
VIA Fox News:
Sen. Michael Bennet (D-CO) denies that he suggested making investment decisions based on legislation being negotiated in the Senate.
During a Bloomberg interview, Bennet discussed the reconciliation package and mentioned that he is "not buying or selling any stocks based on it," which prompted the National Republican Senatorial Committee (NRSC) to question whether the senator was making a statement about investing based on senate negotiations.
Fox News Digital asked Bennet if he considered private Senate discussions before making investments, but his campaign denied the claims in an exclusive statement.
"No, of course not," Georgina Beven, spokesperson for Bennet for Colorado campaign, told Fox. "[Majority Leader Mitch] McConnell and [Joe] O’Dea are desperately distorting Michael’s observation that the Inflation Reduction Act remains a work in progress because they both oppose this effort to lower drug costs for working people, fight inflation, reduce the deficit, and close tax loopholes for hedge fund managers and the biggest corporations."