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Congressman banks off of proposed TikTok ban

sparkling water

Posted 4:41 pm, 04/26/2024

It wasn't exactly a secret that other companies would increase in value if the communists had to shut down.

antithesis

Posted 2:16 pm, 04/26/2024

Pelosi and her husband showed that they use a separate company to do all of her trading, so her inside information has no impact on the trades. As shown by the NVIDIA losses...



What you're seeing here is a man that's invested heavily in one company, and actively trying to pass laws to eliminate that company's competition.

Or is this one of those things where you're only concerned if a Democrat does it?

udfred

Posted 1:57 pm, 04/26/2024

So he's pulling a Pelosi

antithesis

Posted 1:33 pm, 04/26/2024

Congressman Michael McCaul wrote the bill to ban TikTok, proposing it on March 3.

Within 40 days, he invested 1.15 million in META stock... the public-traded social media that is most expected to benefit from TikTok going away.
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