00:00 I'm 99% sure I just caught a congressman red-handed.
00:03 Let me show you why.
00:04 Out of the blue today I noticed three different congressmen were selling thousands of dollars
00:07 worth of John Deere stock.
00:08 If you don't know, John Deere makes everything from lawnmowers at Home Depot to million dollar
00:12 tractors.
00:13 I remember watching this Vice documentary a couple years back about farmers who were
00:16 forced to hack into their own computers on their tractors.
00:18 They had to do this because John Deere basically had a monopoly on the computer systems and
00:21 forced the farmers to do repairs under their John Deere certified mechanics and shops.
00:25 But there's a bill that was recently introduced and it's being deliberately called the Fair
00:28 Repair Act.
00:29 In short, the bill would require manufacturers like John Deere to allow maintenance and repair
00:33 to be done by independent providers and not just the manufacturer.
00:36 Something that John Deere desperately wouldn't want because they're making a killing for
00:39 maintenance.
00:40 So the Energy and Commerce Committee was the committee which introduced the bill to begin
00:43 with.
00:44 And wouldn't you know, Congressman Curtis who sits on that very committee just sold
00:46 a ton of shares.
00:48 Which tells me that this bill is likely to be passed very soon.
00:50 But time will tell for sure.
00:52 So far John Deere stock is remaining steady.
00:54 So to see what else lawmakers are buying, check out Quiver Strategies because...
