Fresh Calls for Stock Trading Ban After US Lawmakers Beat Market in 2023

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Jessica Corbett is a senior editor and staff writer for Common Dreams.

A financial watchdog group on Tuesday released its annual report on congressional stock trading, which shows that 'Congress blew the market out of the water' in 2023, fueling fresh calls for a ban targeting U.S. lawmakers and their immediate family members.

Ron Wyden , 78.5%; Rep. John Rutherford , 69.1%; Sen. Richard Blumenthal , 68.1%; former House Speaker Nancy Pelosi , 65.5%; and Pete Sessions , 63.3%. 'Numerous members in Congress traded war stocks before the Israel-Gaza-Palestine conflict,' Unusual Whales noted. As Common Dreams has reported, after Israel declared war in response to a Hamas-led attack on October 7, the stock of defense companies soared and weapons giants have continued to cash in on the conflict.

 

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