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.
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: