US senators have reportedly piled up to $96 million into stocks, including companies they regulate

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

US senators have reportedly piled $96 million into stocks in companies they regulate

51 US senators and their spouses have up to $96 million invested in corporate stocks, according to an analysis by Sludge and the Guardian, raising conflict of interest concerns. Sen. Richard Shelby, Sen. Shelley Moore Capito, and Sen. Jacky Rosen own significant amounts of stock in companies they oversee. Together, 10 members of the Senate banking committee hold up to $8 million worth of stock in finance, securities, and real estate companies.

51 US senators and their spouses have up to $96 million invested in corporate stocks, according to an analysis by Sludge and the Guardian, raising conflict of interest concerns. Sen. Richard Shelby, Sen. Shelley Moore Capito, and Sen. Jacky Rosen own significant amounts of stock in companies they oversee. Together, 10 members of the Senate banking committee hold up to $8 million worth of stock in finance, securities, and real estate companies.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

drsala2010 'Overall, GOP senators own more in stock investments—between $18.8 and $63.7 million—than Democrats, whose stock ownership is worth roughly half of that range, between $9.3 million and $31.6 million.'

If SEC wants to hit a large group for insider trading, go look at Congress. I bet 1/1024 Native American Liz Warren and Bernie Sanders have healthy stock portfolios via their high net worth managed banking accounts!

Nothing to see here

The same as they're going to do in their interference into Hong Kong?

realDonaldTrump DonaldJTrumpJr parscale

If you do it, it’s insider trading and illegal.

Cernovich

That's a big surprise! NOT!

Nope. No conflict of interest to be seen here. /s

And the dems say it’s just the republicans? All bs both sides. Stop hate each other over politics.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines