But they do. Congresspeople from both parties who sit in closed door committees regularly engage in trading in the very industries they're (ostensibly) regulating. They've publicly admitted as much, and have said "So what, big deal. We have the right to make investments." So the issue isn't *catching* them, it's completely changing the system so that they can't do it as a "matter of course" with total impunity, and (I'm not holding my breath) holding the POTUS and other high-level officials to that same standard when it comes to trading immediately before/after geopolitical/military maneuvers.
If they then want to play games with blind trusts and sharing inside information with the people in charge of those trusts, they're free to commit crimes, like anyone else, if they think they're worth the risk, but if the SEC and other bodies actually had any power (or at least willingness) to hold them accountable, I'd imagine they'd at least think twice. I think most of them probably don't even see what they're doing as criminal. In their minds, they're just using their privileged positions to "strategic advantage". In a much less insane world, such actions would be *easily* traceable and would, at worst, result in public disgrace for those involved, and at best, doing hard time.
I realize that this may (at this point at least) be a pipe dream, since the whole bloody thing is stacked in favor of the people making the rules. It's always been that way, but nowadays it's approaching totality.