“I want to do my job as ethically and impartially as I can,” said AOC, who added that as a member of the House of Representatives’ Financial Services Committee she has chosen not to hold stocks or investments, including digital assets.

This is fascinating. The “Stop Trading on Congressional Knowledge Act,” or STOCK Act, was passed in 2012 to prevent insider trading by our elected leaders. Is AOC saying that to be impartial you need to live off your salary and save your money in a savings account? Is that her personal plan? More importantly, is she suggesting that financially sophisticated lawmakers can’t be impartial under the current rules and regulations? Or, is she suggesting that self-imposed ignorance of DeFi will somehow empower her (and her colleagues) to make better decisions?

Author’s note: This is not a sponsored post. I am the author of this article and it expresses my own opinions. I am not, nor is my company, receiving compensation for it.

About Shelly Palmer

Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications, co-founder of Metacademy, and the CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and CNBC and writes a popular daily business blog. He’s the Co-Host of the award-winning podcast Techstream with Shelly Palmer & Seth Everett and his latest book, Blockchain - Cryptocurrency, NFTs & Smart Contracts: An executive guide to the world of decentralized finance, is an Amazon #1 Bestseller. Follow @shellypalmer or visit shellypalmer.com.

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