I'm not a market expert, but... my gut tells me this would have some kind of corrective effect, wouldn't it? Amplifying the inside information, allowing others to capitalize on it, would even out the unfairness of the privileged position in some roundabout way, wouldn't it?

Obviously scaled by the number of people actually doing this, and with how much money

Or- would it have the opposite effect? Would it actually give even more money to the congresspeople?

At the very least it should raise awareness of the problem by amplifying its impact on the market