News with the tag "Congressional trading"

Sitting members of the U.S. House of Representatives and Senate have an informational edge over the public. Worse still, they regulate the very industries they so often invest in — and they tend to secure impressive returns for themselves in the process. The cryptocurrency space, however, is much le...

Though Congressional stock trading has been pervasive for decades to the point that the STOCKS Act was implemented to prevent politicians from investing based on information they receive thanks to their official roles, 2024 brought a new development to the trend: cryptocurrency trading . By press ti...

Thanks to numerous factors, cryptocurrency regained some legitimacy in 2024 following the calamities of the ‘crypto winter.’ These include the industry’s massive lobbying expenditure , approval of investment vehicles such as spot Bitcoin ( BTC ) exchange-traded funds ( ETFs ), and the anticipated cr...

Members of Congress — whether in the House or Senate, tend to secure much greater returns than their constituents. Lawmakers have access to potentially market-moving information before the general public does. To boot, committee assignments can give politicians an even greater informational edge. Un...

U.S. politicians have developed a reputation for being exceptionally savvy traders in no small part thanks to the immensely successful … Continue reading The post This is how much Marjorie Taylor Greene lost on her CrowdStrike bet appeared first on Finbold .