“I want to do my job as ethically and impartially as I can,” said AOC, who added that as a member of the House of Representatives’ Financial Services Committee she has chosen not to hold stocks or investments, including digital assets.
This is fascinating. The “Stop Trading on Congressional Knowledge Act,” or STOCK Act, was passed in 2012 to prevent insider trading by our elected leaders. Is AOC saying that to be impartial you need to live off your salary and save your money in a savings account? Is that her personal plan? More importantly, is she suggesting that financially sophisticated lawmakers can’t be impartial under the current rules and regulations? Or, is she suggesting that self-imposed ignorance of DeFi will somehow empower her (and her colleagues) to make better decisions?
Author’s note: This is not a sponsored post. I am the author of this article and it expresses my own opinions. I am not, nor is my company, receiving compensation for it.