“It allows members with massive holdings to continue to own individual stock and buy using their dividends.”
What they posted
- It allows members with massive holdings to continue to own individual stock and buy using their dividends (!!) - It creates new exceptions for member’s spouses and child dependents to buy ON BEHALF OF OTHER PEOPLE (!!) - Wealthiest members can keep selling stocks
Why it's Truth
Primary bill text from GovTrack and Congress.gov confirms the dividend reinvestment exception and occupational exception for spouses/dependents. Statements from Reps. Morelle and Torres (and AOC's own post context) match the claim's description of the provisions allowing continued ownership and dividend-based purchases, as well as family trade exceptions. Multiple news reports corroborate the bill's structure.