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Chuck Darwin /
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2025-01-15 01:19:31

Chuck Darwin on Nostr: The stock market had a record-breaking run last year, šŸ‘‰but members of ...

The stock market had a record-breaking run last year,
šŸ‘‰but members of Congressstill managed to outperform it
with their portfolios making staggering gains in industries where they wield legislative power and influence, such as tech and energy.

ā­ļøMore than 20 members made almost double the S&P500 average gain of 24.9 percent last year.
The top five performers
ā€” Rep. David Rouzer (R-NC),
Rep. Debbie Wasserman Schultz (D-FL),
Ron Wyden (D-OR),
Roger Williams (R-TX),
Morgan McGarvey (D-KY)
ā€” šŸ”„increased the value of their portfolio value by more than 100 percent, according to a new report.
The report comes as several bipartisan measures aimed at banning the trading of stocks of individual companies by members of Congress
appear to have stalled -- despite overwhelming public support.

A total of 11 bills have been proposed by lawmakers since 2022,
āš ļøbut none have made it to a vote.

https://unusualwhales.com/congress-trading-report-2024
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