🚨 Ethics at Congress: The Trading of Congress Members Under Fire from Criticism!
Treasury Secretary Scott Bessent is reigniting the offensive: he is calling for a complete ban on stock trading for members of Congress. 🏛️
Why such a call?
The numbers speak for themselves and highlight an "excessive" return on their portfolios compared to the market:
In 2024, the portfolio of Senate Finance Committee Chairman Ron Wyden reportedly increased by 123.8%.
By comparison, the S&P 500 only rose by 24.9% during the same period!
Chairwoman Nancy Pelosi, for her part, reported 70.9%.
This warning highlights the potential conflict of interest between access to privileged legislative information and personal transactions.
Is transparency the next big regulatory battle? What is your opinion? 👇