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He references a recent notable example involving Rep. Michael McCall, chair of the Foreign Affairs Committee. McCall authored legislation to ban TikTok, citing national security concerns. Immediately after introducing the bill, McCall ramped up a massive stock position in Meta (Facebook’s parent company)—buying over $500,000 worth of Meta puts (short positions) in his wife’s name within days of the bill's introduction. Later, he added more in personal and family accounts, accumulating over a million dollars in Meta stock right as the banning legislation gained momentum.