


Fox Business’ Charles Payne has spotted another questionable stock trade that took place from a member of Congress. This particular trade is related to banking:
When Nancy Pelosi was the House Speaker she said calls to ban congressional trading weren’t necessary, and it still hasn’t happened. Here’s what Payne was quote tweeting:
Another day another curious trade from a member of Congress.
Of course it’s a total coincidence that members of Congress tend to beat the market at a higher percentage than the general public.
More than two dozen members of Congress beat the stock market last year despite Wall Street suffering its worst year since 2008, according to an analysis by a stock-trading site.
[…]
Topping the list of winners was Rep. Patrick Fallon, a Texas Republican, who made 51.6% on his investments in 2022, according to the data. Right behind him was Florida Democrat Debbie Wasserman-Schultz, with a 50.8% spike, the report indicated.
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