Cashing in on Congressional Trading

Source: Independent Institute
by Craig Eyermann

“The Speaker of the House should never be considered to be any kind of stock picking guru. She is however, because these traders perceive great corruption in Washington D.C. Worse, they are willing to place investment bets on their perception. Regardless of whether or not that’s the case, the truth is that members of Congress have inherent conflicts of interest. Having so much sway over government policies and contract awards gives them too much potential to profit by exploiting the system. If only it weren’t so profitable for them and their family members.” (10/09/21)