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

  • 📰 commondreams
  • ⏱ Reading Time:
  • 25 sec. here
  • 12 min. at publisher
  • 📊 Quality Score:
  • News: 48%
  • Publisher: 51%

Brian Higgins Nieuws

Congress,Corruption,Ken Buck

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.

 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.
Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 530. in NL

Nederland Laatste Nieuws, Nederland Headlines