[xboxnolifes]

I'd argue the knowledge of upcoming legislation itself is the insider information. It's not insider as in "inside the company's organization" but it is insider as in "inside the legislation organization". When it's your job to make decisions that can impact entire economic sectors, a lot of what you touch would be considered far more powerful insider information than most things that are considered insider information in a company.

Maybe it doesn't fall under current definitions of insider information (I'm not sure), but maybe it should.