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The Nexus
POLITICSJul 29 · 17:14 UTCSEMAFORDavid Weigel

How Congress entrenched its own unpopularity by trying to rein in stock trading

Congress passed the STOCK Act in 2012 to increase transparency by requiring members to report stock trades, but the law failed to boost public confidence and instead generated negative headlines for late filings or trades through blind trusts. Examples include Rep. Tom Kean Jr., whose trades during health issues sparked criticism, and academic studies showing the law's limited impact on public trust.

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