Absolutely boggles my mind that 21-year-old investment bank interns are subject to stricter insider trading rules than members of Congress. These guys have access to more material non-public information than anyone on Wall Street—legislative changes, pharmaceutical trials, classified military intel, defense contracts—and they’re using it to operate their own amateur hedge funds from the House cloakroom. Pelosi and her serial drunk-driving husband consistently outperforming the market. Ro Khanna making thousands of trades every year. Hundreds of other examples, across both parties. It’s completely absurd. If you want the extraordinary privilege of being one of the most powerful people in America, you—and all members of your immediate family—should be required to place your liquid assets in a trust that can only invest in the S&P 500, a bond market ETF, and a money market fund. You can change your allocation among the three choices quarterly, but that’s it. No more call options on biotech companies that just told the FDA about a medical breakthrough. No more short-selling defense contractors that just briefed the Armed Services Committee about production delays. No more fake “blind trusts” whose rules aren’t worth the paper they’re printed on. Show up, do your job, and faithfully serve the American people. If you don’t want to do that, go study for the CFA exams and test your mettle against Ken Griffin and Steve Cohen in the trading world (for some reason, I don’t expect your streak of beating the market to continue once you and your staffers are no longer getting confidential briefings). But no more of this Capitol Hill Wolf of Wall Street bullshit. It’s corrosive to good governance, it undermines democracy and trading markets alike, and we, the American people, are done with it.