In this article: Matt Getz criticizes Congress, accusing lawmakers of using insider information to profit from stock trading and calling it "treason"
He's pushing a bill that would allow Americans to pay federal taxes on #bitcoin , inspired by the adoption of the #cryptocurrency in El Salvador.
Getz says the U. S. tax department needs to move to handle bitcoin payments and implement a system to instantly convert #cryptocurrencies into dollars.
Matt Geitz, America's newly appointed attorney general, is on the warpath. What's his latest target? Parliamentary corruption. Gaetz has pledged to expose what he calls rampant manipulation of #the stock market by lawmakers. He's called their actions "treason" and "treasonous" and accused the American public of using insider information to line their pockets while suffering the consequences of their decisions.
Gaetz's plan? To draw attention to all the dirty details. He targeted stock laws that were supposed to prevent insider trading by members of Congress, but according to Gaetz, they rarely take effect. The law requires lawmakers to disclose stock trading, but Goetz insists it has no teeth.
violations are frequent, and the fines are little more than a slap in the face. Goetz appealed to Democrats and Republicans and promised to end the "business as usual" mentality on Capitol Hill.
Getz says members of Congress will use their position to make a fortune using confidential information they receive in closed-door meetings. He's accused of using the stock market as his personal casino.
This is treason against Americans.
Getz has garnered bipartisan support to revise and strengthen the Equality Act. He wants tougher enforcement, real penalties for violations, and full disclosure of all transactions made by lawmakers.
According to recent reports, suspicious trading activity is not limited to one party. Democrats and Republicans alike have been found to have engaged in questionable transactions.
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