190. Keeping Insider Trading and Financial Corruption out of Politics with Sen. Jeff Merkley

Financial Feminist

Her First $100K

Self-improvement, Education, How To, Business

4.7 • 6.2K Ratings

🗓️ 3 October 2024

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

Ever wondered how insider trading impacts the laws that shape our lives? Well in today’s episode I'm diving deep into a conversation that could reshape our democracy. I sat down with Oregon's U.S. Senator Jeff Merkley to discuss the urgent need to ban congressional stock trading—a practice that not only undermines our trust in government but also impacts our daily lives more than you might think. Read transcripts, learn more about our guests and sponsors, and get more resources at https://herfirst100k.com/financial-feminist-show-notes/190-keeping-insider-trading-and-financial-corruption-out-of-politics-with-senator-jeff-merkley/ Senator Merkley’s links and resources: Learn more about the ETHICS Act Learn more about the End Hedge Fund Control of American Homes Act Not sure where to start on your financial journey? Take our FREE money personality quiz! https://herfirst100k.com/quiz Register to vote: https://vote.org/ Special thanks to our sponsors: Thrive Causemetics Get an exclusive 20% off your first order at thrivecausemetics.com/FFPOD Squarespace Go to www.squarespace.com/FFPOD to save 10% off your first website or domain purchase. Masterclass Get an additional 15% off any annual membership at masterclass.com/FFPOD. Rocket Money Stop wasting money on things you don’t use. Cancel your unwanted subscriptions by going to RocketMoney.com/FFPOD. This is Small Business Check out This Is Small Business, an original podcast from Amazon, on your favorite podcast app.

Transcript

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0:00.0	Because it's really two forms of corruption here. One is we're getting information
0:04.2	the public doesn't have so essentially insider trading. So we shouldn't be trading
0:08.5	stocks because that is unfair and time and time again you see results for members of Congress do a little better
0:16.1	than the general public for their stock training maybe it's because we get better information
0:20.4	sooner that the public doesn't have.
0:27.0	I know you're getting a lot of election content, but you got to stay with me. We're just going to kick it right off.
0:28.0	There's no intro needed. You know who I am.
0:30.0	You know what the show is.
0:31.0	Okay, here's the thing. We've talked about it many times here in the show before on our social media platforms, but it is worth noting again.
0:40.0	We are in the midst of election season, don't have to tell you that. We all know that.
0:44.6	However, the presidential election is the sexy election, right?
0:49.2	It's where all of the media goes to.
0:52.3	It's where all of the media goes to, it's where all of the publicity happens, right? And that is the election,
1:00.1	most of us think of when we hear the word election.
1:03.0	Super important.
1:05.0	Who we elect to be president is incredibly important.
1:08.0	Please register to vote, vote.org.
1:10.0	And also, new paragraph indent, new paragraph. Here's the thing. If we want to actually be
1:18.7	represented as individuals and as a community, If we want to have policies in place
1:26.2	that actually affect our day-to-day well-being
1:30.4	and the ability for more national leaders to get stuff done,
1:35.0	our local elections I would argue are as much if not more important.
	...

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