97 Members Of Congress Or Immediate Family Members Traded Stocks Which May Have Been A Conflict Of Interest

[Jim H - VA USA]

Congress is basically exempt from the insider trading rules that just about everyone else is subject to. Might explain why so many members of Congress accumulate tremendous amounts of wealth while living off of salaries which are on the order of $200k.

The situation needs to be fixed, but who would fix it? Congress of course. So the chance of something meaningful in place which would curtail such unethical trades and the associated large financial gains is probably very slim.

REVEALED: 97 members of Congress or their families bought or sold stock that may have been a conflict of interest​

• Of the 435 House members, 183 traded stocks through themselves or their immediate family members from 2019 to 2021
• At least 97 bought or sold stocks, bonds or other financial assets that directly intersected with their congressional work
• The trades that intersect with committee work are split evenly on partisan lines - 49 Republicans and 48 Democrats

97 members of Congress traded stock in possible conflict of interest

Nearly 100 members of Congress bought or sold financial assets that intersected with the work of the committees they sit on, according to a New York Times report.

www.dailymail.co.uk

These 97 Members of Congress Reported Trades in Companies Influenced by Their Committees (Published 2022)

See the stocks the lawmakers reported buying and selling and how their trades potentially conflicted with the committees they sat on.

www.nytimes.com

Here is what Pelosi had to say (or really not say) about the subject back in February. She issues a diversion, pointintg out that the Supreme Court does not have to even disclose stock trades and the Executive branch does not have to pay capital gains taxes when divesting of stock (sigh)...
https://videos.dailymail.co.uk/vide...340480791/640x360_MP4_7776214694340480791.mp4 (Video)

 

[ColonelAngus]

Cult fucks want their leaders to profit.

Watch….not one cult fuck will claim its bad for people in government to profit from their own legislation.

You “progressives” do not believe this.

 

[The Irish Ram]

They are there to make money...

 

[ColonelAngus]

Cult. Do you believe those who serve in government should get windfall wealth?

 

[Augustine_]

Congress is basically exempt from the insider trading rules that just about everyone else is subject to. Might explain why so many members of Congress accumulate tremendous amounts of wealth while living off of salaries which are on the order of $200k.

The situation needs to be fixed, but who would fix it? Congress of course. So the chance of something meaningful in place which would curtail such unethical trades and the associated large financial gains is probably very slim.

REVEALED: 97 members of Congress or their families bought or sold stock that may have been a conflict of interest​

• Of the 435 House members, 183 traded stocks through themselves or their immediate family members from 2019 to 2021
• At least 97 bought or sold stocks, bonds or other financial assets that directly intersected with their congressional work
• The trades that intersect with committee work are split evenly on partisan lines - 49 Republicans and 48 Democrats

97 members of Congress traded stock in possible conflict of interest

Nearly 100 members of Congress bought or sold financial assets that intersected with the work of the committees they sit on, according to a New York Times report.

www.dailymail.co.uk

These 97 Members of Congress Reported Trades in Companies Influenced by Their Committees (Published 2022)

See the stocks the lawmakers reported buying and selling and how their trades potentially conflicted with the committees they sat on.

www.nytimes.com

Here is what Pelosi had to say (or really not say) about the subject back in February. She issues a diversion, pointintg out that the Supreme Court does not have to even disclose stock trades and the Executive branch does not have to pay capital gains taxes when divesting of stock (sigh)...
https://videos.dailymail.co.uk/vide...340480791/640x360_MP4_7776214694340480791.mp4 (Video)

And the fuckers ended all talk of stock trading bans. Ban that and overturn the Citizens United decision. That would be a good start.

 

[shockedcanadian]

Congress is basically exempt from the insider trading rules that just about everyone else is subject to. Might explain why so many members of Congress accumulate tremendous amounts of wealth while living off of salaries which are on the order of $200k.

The situation needs to be fixed, but who would fix it? Congress of course. So the chance of something meaningful in place which would curtail such unethical trades and the associated large financial gains is probably very slim.

REVEALED: 97 members of Congress or their families bought or sold stock that may have been a conflict of interest​

• Of the 435 House members, 183 traded stocks through themselves or their immediate family members from 2019 to 2021
• At least 97 bought or sold stocks, bonds or other financial assets that directly intersected with their congressional work
• The trades that intersect with committee work are split evenly on partisan lines - 49 Republicans and 48 Democrats

97 members of Congress traded stock in possible conflict of interest

Nearly 100 members of Congress bought or sold financial assets that intersected with the work of the committees they sit on, according to a New York Times report.

www.dailymail.co.uk

These 97 Members of Congress Reported Trades in Companies Influenced by Their Committees (Published 2022)

See the stocks the lawmakers reported buying and selling and how their trades potentially conflicted with the committees they sat on.

www.nytimes.com

Here is what Pelosi had to say (or really not say) about the subject back in February. She issues a diversion, pointintg out that the Supreme Court does not have to even disclose stock trades and the Executive branch does not have to pay capital gains taxes when divesting of stock (sigh)...
https://videos.dailymail.co.uk/vide...340480791/640x360_MP4_7776214694340480791.mp4 (Video)

Corruption is destroying the West. Specifically that which is not punished. It's a big reason why the global shift has been so drastic so quickly.

The same people who have been wrong about everything for 30 years, just kick the can down the road hoping someone else will address the problem. I'm sure some of these people have their hands in the cookie jar as well.

China is rewriting the world order thanks to these geniuses. Miraculously, these fools fight tooth and nail to destroy anyone who says "hey, maybe we AREN'T winning anymore and we'd like to again".

 

[Jim H - VA USA]

Congress is basically exempt from the insider trading rules that just about everyone else is subject to. Might explain why so many members of Congress accumulate tremendous amounts of wealth while living off of salaries which are on the order of $200k.

The situation needs to be fixed, but who would fix it? Congress of course. So the chance of something meaningful in place which would curtail such unethical trades and the associated large financial gains is probably very slim.

REVEALED: 97 members of Congress or their families bought or sold stock that may have been a conflict of interest​

• Of the 435 House members, 183 traded stocks through themselves or their immediate family members from 2019 to 2021
• At least 97 bought or sold stocks, bonds or other financial assets that directly intersected with their congressional work
• The trades that intersect with committee work are split evenly on partisan lines - 49 Republicans and 48 Democrats

97 members of Congress traded stock in possible conflict of interest

Nearly 100 members of Congress bought or sold financial assets that intersected with the work of the committees they sit on, according to a New York Times report.

www.dailymail.co.uk

These 97 Members of Congress Reported Trades in Companies Influenced by Their Committees (Published 2022)

See the stocks the lawmakers reported buying and selling and how their trades potentially conflicted with the committees they sat on.

www.nytimes.com

Here is what Pelosi had to say (or really not say) about the subject back in February. She issues a diversion, pointintg out that the Supreme Court does not have to even disclose stock trades and the Executive branch does not have to pay capital gains taxes when divesting of stock (sigh)...
https://videos.dailymail.co.uk/vide...340480791/640x360_MP4_7776214694340480791.mp4 (Video)

See every stock trade House Speaker Nancy Pelosi's husband has made since 2021

As House speaker, Pelosi has access to intelligence and the power to craft policies affecting her husband's investments.

www.businessinsider.com

• Speaker Nancy Pelosi's husband is making massive stock trades as Congress mulls whether to ban lawmakers and their spouses from trading.
• An Insider analysis estimated the Pelosis' cumulative wealth at at least $46.1 million.
• Insider compiled each of Paul Pelosi's trades that the speaker has reported since 2021.

Methodology note: In 2012, Congress passed the Stop Trading on Congressional Knowledge (STOCK) Act to combat insider trading and conflicts of interest to bring more transparency to lawmakers' financial dealings.

Per the STOCK Act, members of Congress are required to file financial disclosures within 45 days of making a trade, doing so in a certified congressional document known as a periodic transaction report. Insider collected and analyzed the trades listed in each of Pelosi's periodic transaction reports submitted since 2021.

Federal lawmakers are required to report stock trades made by themselves, their spouses, and their dependent children. But they are only required to list the value of reported trades in broad ranges.

 

[g5000]

Members of Congress Crossing Ethical and Legal Lines in Trading Stocks​

With Republicans retaking the House—even if by an extremely slim margin—Rep. Virginia Foxx, North Carolina’s longest-serving Republican, stands to regain her position as chair of the House Committee on Education and Labor and to potentially acquire other positions of leadership in the 118th Congress. This is all standard procedure for the chamber, but Foxx’s case is unique because of her history of ethically dubious stock trading.

Foxx, who also sits on the Committee on Oversight and Government Reform, has earned a measure of notoriety as one of Congress’s more prolific traders. The New York Times noted Foxx’s potential conflicts of interest on three transactions in September, which included buying or selling BP and ExxonMobil stocks after hearing from those companies’ executives in a House Oversight Committee hearing.

Her trading on energy companies has since continued. She disclosed another round of energy industry transactions at the end of October, purchasing shares in Marathon Oil Corporation and FLEX LNG while selling high volumes in Capital Power Corporation and Next Era Energy. In addition, Foxx also sold $50,001 to $100,000 worth of Procter & Gamble.

[snip]

Investigations have revealed scores of violations of the STOCK Act—a 2012 law intended to combat insider trading—and some members have even gone to jail for using their access to enrich themselves.

One colleague of Foxx’s, Rep. Michael Garcia (R-Calif.), purchased tens of thousands of dollars in Tesla stock while using his office and public platform to weigh in on electric vehicle policies. He co-chairs the Election Integrity Caucus—a Republican working group dedicated to resolving perceived unfairness in elections. Garcia is also fresh off another critical win that helped secure the House for Republicans, putting him in prime position to move into a more important role.

A member of the House Committee on Science, Space, and Technology, Garcia signed an October 28, 2022 letter to California Governor Gavin Newsom and California Air Resources Board Chair Liane Randolph criticizing the state’s decision to phase out combustion-engine cars in favor of electric vehicles. Just a few weeks prior, Garcia purchased between $50,001-$100,000 in Tesla stock.

Garcia also made Tesla purchases worth tens of thousands of dollars earlier in the year, which he followed up by discussing electric vehicles in news articles and on his campaign Twitter account.

 

[AntonToo]

Member of the House Committee on Science, Space, and Technology, Garcia signed an October 28, 2022 letter to California Governor Gavin Newsom and California Air Resources Board Chair Liane Randolph criticizing the state’s decision to phase out combustion-engine cars in favor of electric vehicles. Just a few weeks prior, Garcia purchased between $50,001-$100,000 in Tesla stock.

....?? A House member advocating AGAINST their own stock position is supposed to be an example of possible conflict of interest?

 

[AntonToo]

Corruption is destroying the West. Specifically that which is not punished. It's a big reason why the global shift has been so drastic so quickly.

The same people who have been wrong about everything for 30 years, just kick the can down the road hoping someone else will address the problem. I'm sure some of these people have their hands in the cookie jar as well.

China is rewriting the world order thanks to these geniuses. Miraculously, these fools fight tooth and nail to destroy anyone who says "hey, maybe we AREN'T winning anymore and we'd like to again".

Corruption in the west is low compared to just about anywhere.

How about some perspective?