Nearly one in five congressmen reported stock trades with possible conflicts: NYT

Nearly one in five congressmen reported stock trades with possible conflicts: NYT

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The Facts Inside Our Reporter’s Notebook Analysis from the New York Times revealed that 97 current U.S. senators or representatives reported stock trades either they or their immediate families made involving firms working in sectors that overlapped with their committee assignments.
Between the years 2019 and 2021, more than 3,700 reported trades involved such potential conflicts of interest, the outlet found.
The STOCK Act allows members of Congress to trade stocks and bonds as long as they do not use inside information and disclose any transactions by them or their family amounting to $1,000 or more within 45 days, the...
Source: https://justthenews.com/politics-policy/finance/nearly-one-five-congressmen-reported-stock-trades-possible-conflicts-nyt?utm_source=justthenews.com&utm_medium=feed&utm_campaign=external-news-aggregators