Progressive Rep. Alexandria Ocasio-Cortez (D-NY) blasted her colleagues — including her own party — who she said brazenly engage in insider trading and undermine trust in government.
Ocasio-Cortez joined "The Weekly Show with Jon Stewart" on Thursday to call out her fellow lawmakers on both sides for engaging in the illegal practice.
She urged Democrats to talk to people directly and said they need to "walk the walk and talk the talk."
"There is an insane amount of hypocrisy," she said. "And the hypocrisy is what gets exploited to use the cynicism. Wherever there's a hypocritical window — for example, I think one of the biggest examples of this is insider trading in Congress."
Stewart cheered as he exclaimed, "Yes! It is so crazy!"
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"It's so crazy!" Ocasio-Cortez replied with a wide grin. "People think that everyday people are stupid. I'm like, 'Do you all really think that people don't see this s---?"
Stewart suggested lawmakers sit on committees and receive information about new drugs, contracts, and more, prompting them to call a stockbroker who changes their investments, and their portfolio "swells."
"It explodes!" Ocasio-Cortez said. "And you're doing this on public trust, on like taxpayer-financed public, you know, facilities."
"You're regulating the market that you're trading on," Stewart railed. "You run the casino."
"And then we're supposed to act like money doesn't — only affects Republicans? Give me a f---ing break."
Ocasio-Cortez slammed her colleagues and said they "don't understand that the insider trading that happens in Congress explodes the cynicism that fuels the right."
"It doesn't benefit us, it benefits the Republicans," she railed. "They make no bones about what class they're here to serve. In fact, Republicans are far more honest in this respect sometimes, which is that they're here to serve the billionaire class and they make decisions very publicly to serve that billionaire class."
The STOCK Act of 2012 bars members of Congress from trading on material, nonpublic information acquired through their official positions. No charges have ever been brought against a senator or representative under the act.
Additionally, lawmakers must report any trades exceeding $1,000 within 45 days of the transaction date.
Watch the clip below or at this link.
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