Last year, the S&P 500 fell 18%, but you wouldn’t know it from looking at the portfolios of US lawmakers. Overall holdings by members of the US Congress outperformed the S&P 500 by about 17.5% on average in 2022, according to Subversive Capital, a company that creates ETFs which track stock trading by senators and representatives. Some Democratic Senators think that divergence could have an unethical slant to it.
If you’re in violation of the selling, buying or holding provisions of this law in any given month, the penalty is a month’s salary, or 10% of the amount of stocks that were traded or held. And that is a huge amount. If this bill were to pass, would some members forego reelection? The provision for lawmakers buying stock goes into effect immediately. The provision for not selling goes into effect after 90 days, so they can sell their portfolio.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
Bed Bath & Beyond plans to liquidate all inventory and go out of business | CNN BusinessBed Bath & Beyond has filed for bankruptcy. It caps a long deterioration for a retailer that didn't keep up with shifts in shopping trends.
출처: CNN - 🏆 4. / 95 더 많은 것을 읽으십시오 »
Riding with the woman in charge of America's last muscle car | CNN BusinessIt seemed like a good idea at the time. Exciting, actually. I could take a ride in what will soon be America's last gasoline-powered muscle car with the woman who's in charge of getting it into production and onto the street. But we were in New York City, it was four in the afternoon and I should have known better.
출처: CNN - 🏆 4. / 95 더 많은 것을 읽으십시오 »
Bed Bath & Beyond files for bankruptcy | CNN BusinessBed Bath & Beyond files for bankruptcy. It caps a long deterioration for a retailer that didn't keep up with shifts in shopping trends.
출처: CNN - 🏆 4. / 95 더 많은 것을 읽으십시오 »
How to protect yourself from iPhone thieves locking you out of your own device | CNN BusinessA complex but concerning method of gaining control over a user's iPhone and permanently locking them out the device appears to be on the rise. Here's how to protect yourself.
출처: CNN - 🏆 4. / 95 더 많은 것을 읽으십시오 »
NBCUniversal CEO Jeff Shell to leave company after inappropriate conduct probe | CNN BusinessNBCUniversal CEO Jeff Shell is leaving the company after an outside investigation 'into a complaint of inappropriate conduct,' its parent company Comcast announced Sunday.
출처: CNN - 🏆 4. / 95 더 많은 것을 읽으십시오 »