Not really a shitpost when it’s just highlighting a very real form of open corruption in the USA…
This problem is US specific, I guess. Many countries disallow politicians to trade or at least limit it severely.
Ahhh, yes. More obvious crimes that will never be acknowledged, nor punished.
Because the athletes aren’t the C-suite members of their league or association
Because the ‘we’ in ‘we allow’ is also congress
Because athletes don’t get to set the rules they have to abide by.
STOCK Act already bars congress from investing in companies they regulate.
Who is in charge of enforcing that?
Because athletes dont make the rules for the sports they play. Congress however, does.
Imagine if the players could rewrite the rules of the game.
well if the bookies were making the rules of international sporting events i’m sure they would have removed that rule by now
Believe it or not, they’re actually working on that. Whether it will come to pass is anyone’s guess though.
No, they’re not. That was introduced during last session and never made it past committee. It literally says so in the link you provided.
That just means it’s currently stuck in the committee and they haven’t scheduled a formal hearing or vote yet.
Wouldn’t it have to be reproposed since it was still in committee at the end of last session?
Honestly, I have no idea how this works. I even tried reading their explainer on the legislative process and it didn’t even seem to answer the question of whether a committee has the power to dismiss a proposal outright or whether a formal house vote is required for that.
As I understand it, nothing is dismissed, it’s either approved or it’s ‘left to die in committee’ because anything that doesn’t make it out of committee by the end of session it dies and just be re submitted to the committee next session.
Okay, well it looks like the bill was re-introduced this year so perhaps it’s not dead yet:
https://alford.house.gov/news/documentsingle.aspx?DocumentID=1187
https://www.congress.gov/bill/119th-congress/senate-bill/1498/text/is
Because they legalized their own crimes and corruption. Also, Citizens United was the death blow to any working class influence in America
