Conflicts of interest Members of Congress have access to information that ordinary Americans don’t. They meet with chief executives, read classified intelligence reports and help set the rules by which the economy works. That level of knowledge can give them an advantage if they or their families want to invest in the stock market — and many of them do: Nearly one in five members of Congress, from both parties, have in recent years bought stocks that intersected with their congressional committee work, a Times investigation found. And that’s probably an underestimate because lawmakers’ work extends beyond their committee duties, my colleague Kate Kelly, who reported on the story, told me. Among the conflicts uncovered: The wife of Representative Alan Lowenthal, a California Democrat, sold Boeing shares a day before a House committee that he sits on released a report exposing the company’s mishandling of its 737 Max jet, which had been involved in two deadly crashes. Representative John Rose, a Republican of Tennessee, sold $100,000 to $250,000 in Wells Fargo stock a few months before a committee he is on released a report that was critical of the bank. Senator Tommy Tuberville, an Alabama Republican on the Armed Services Committee, and his wife sold options tied to Microsoft less than two weeks before the company lost a $10 billion contract with the Defense Department.
What I stated many times with respect to the former president regarding conflicts of interest should also apply to every member of Congress. Upon election they should be required to put their assets into a blind trust. In addition to the elected senators and representatives the requirement should also apply to members of their immediate families.
I guess this means that all of them are also “the big guy”, shaving off the top when their families are trading stocks using inside information.
Well, not really stock trading, but if we're going down this road, we need to include Mitch McConnel and his wife, former Trump transportation secretary Elaine Chao and her family business. McConnell And Chao Spent Decades Getting 'Rich On China' (thefederalist.com)
Biden’s financials for the last 20 years are public. If there was any bad dealings you’d identify them instead of your constant attempt to slander him. But as long as you’re entertaining yourself… have at it.
Senate Trading Dashboard This guy's trading strategy is tracking pols and CEOs and buy and sell what they do. CEO WATCHLIST LLC | Instagram, TikTok | Linktree
Nancy Pelosi whole heartedly disagrees with you and yes both parties are doing it. If any of us did it we would all be arrested for insider trading.
His are, but just like most politicians, their families finances are not. Sorry dude, I’ve had too much experience with politicians to ignore what I have seen. The insider trading is only the tip of the iceberg on the corruption. Open your eyes. James and Hunter didn’t both get rich on their wits intellect. And Joe certainly didn’t get even as wealthy as he is ON PAPER on a Senator’s and VP’s salary.
