Latest news with #CapitolTrades
Forbes
14-06-2025
- Business
- Forbes
What Is Capitol Trades? The Website Providing Insights Into Politician Trading Activity
Capitol Trades transforms complex government filings into understandable information that can inform ... More both investment decisions and civic engagement. The financial decisions of Congress members have always sparked public curiosity, particularly their stock market activities. With politicians often privy to information that could influence market movements, transparency regarding their trading patterns has become increasingly crucial for both everyday investors and the public. This article examines Capitol Trades, a platform that provides detailed insights into congressional trading activities. We'll examine how this website operates, what information it provides, and whether it serves as a reliable resource for tracking politicians' investments and understanding potential market implications. Capitol Trades is a free online platform that tracks and displays stock market transactions made by U.S. senators and representatives. The website was created by 2iQ Research, a Frankfurt-based company specializing in insider trading data, and officially launched in August 2021 under the leadership of founder Robert Hable. The platform emerged as a response to the 2012 STOCK Act, which requires members of Congress to disclose their stock trades publicly. While this information has technically been available to the public, it was often buried in complex government filings that were difficult for ordinary citizens to access and interpret. Capitol Trades transformed this raw data into an accessible, searchable format that anyone can use to monitor congressional trading activity. Capitol Trades operates by collecting and processing financial disclosure reports that Congress members are legally required to file. The platform sources its data directly from official government filings, ensuring that all information comes from verified, public records rather than speculation or rumors. The website's mission centers on promoting transparency in government by making politicians trading data easily accessible to the general public. By aggregating and organizing this information, Capitol Trades eliminates the need for users to navigate complex government databases or decode technical financial documents. The platform updates its database regularly as new disclosure reports become available; however, delays may occur due to the reporting requirements themselves. Congress members have up to 45 days to report their trades, which means the most recent transactions may not appear immediately on the platform. Capitol Trades offers several distinctive features that make politician trading data accessible and actionable for users seeking transparency and investment insights. Each Congress member has a dedicated profile page that provides comprehensive information beyond just their trading activity. These profiles include biographical details, committee memberships, recent tweets and complete trading histories organized chronologically. Users can view a politician's preferred sectors, most frequently traded stocks and overall trading patterns. The profile pages also display performance metrics, allowing users to see how well a particular politician's trades have performed over time. This feature helps users identify which Congress members might have the most successful track records in the stock market and understand their investment strategies. The platform provides near real-time updates as new congressional trading disclosures become available. Users can view the most recent trades across all politicians or filter for specific individuals they want to monitor. This feature ensures that users stay informed about the latest congressional trading activity without needing to check government databases manually. The real-time aspect is particularly valuable for investors who want to spot emerging trends or identify stocks that are attracting attention from multiple Congress members. By staying current with these disclosures, users can identify investment opportunities or market movements before they become widely known. Capitol Trades includes robust filtering capabilities that allow users to search and sort trading data by multiple criteria. Users can filter by date ranges, political party affiliation, specific politicians, stock symbols, trade types (buy or sell), committee memberships and even by state representation. These filters enable targeted research, such as identifying which Republicans are investing in tech stocks or tracking how members of the Banking Committee are positioning their portfolios. The search functionality transforms a massive database of transactions into manageable, relevant information tailored to each user's specific interests. Capitol Trades presents comprehensive trading metrics, including transaction dates, stock symbols, trade values and whether the transaction was a purchase or sale. The platform also provides context around each trade, such as the politician's committee assignments and recent legislative activities that might relate to their trading decisions. Users can access performance analytics that show how individual trades and overall portfolios have performed since the transactions occurred. The website also tracks trading volume data, identifying the most actively traded stocks among Congress members and highlighting unusual trading patterns that might warrant further investigation. Capitol Trades strongly advocates for increased transparency in political trading, positioning itself as a tool for democratic accountability. The platform's creators believe that sunlight serves as the best disinfectant for potential conflicts of interest, and they've designed their service to make congressional trading data as accessible as possible to ordinary citizens. The website regularly references the STOCK Act and its disclosure requirements, emphasizing how this legislation was designed to prevent insider trading among government officials. Capitol Trades views its role as making these legal requirements more meaningful by ensuring the public can access and understand the disclosed information. The platform has also supported various legislative proposals that would strengthen trading disclosure requirements or impose additional restrictions on congressional trading. Their stance reflects a belief that current transparency measures, while helpful, could be improved to serve the public interest better. Capitol Trades faces several inherent limitations due to the nature of congressional reporting requirements. The most significant issue is reporting delays, as politicians have up to 45 days to disclose their trades, meaning the data does not reflect real-time transactions but rather transactions that occurred weeks or months earlier. Accuracy concerns occasionally arise because the platform relies on politicians to accurately file their disclosure forms. Errors in the original filings, whether intentional or unintentional, can result in inaccurate information being displayed on Capitol Trades. The platform cannot independently verify the accuracy of reported trade values or dates. There's also potential for users to misinterpret the information, particularly regarding causation versus correlation. Just because a politician trades a particular stock doesn't necessarily mean they have inside information, and following political trades without proper due diligence can lead to poor investment decisions. Capitol Trades primarily appeals to retail investors seeking additional data points for their investment research, rather than professional traders looking for immediate market advantages. The platform is best suited for investors who have the time to analyze trends and patterns, rather than those seeking quick trading opportunities. The service is particularly beneficial for investors interested in long-term market trends and those seeking to understand how political developments may impact various sectors. Educational investors seeking to understand market dynamics and the intersection of politics and finance also find significant value in the platform's comprehensive data presentation. Bottom Line Capitol Trades serves as a valuable transparency tool, making congressional trading data accessible to the general public. While the platform has limitations around data delays and accuracy, it successfully transforms complex government filings into understandable information that can inform both investment decisions and civic engagement. For investors seeking additional market insights and citizens interested in government accountability, Capitol Trades provides a free, comprehensive resource for tracking how elected officials invest their money. For other apps that also track politician portfolios, check out Autopilot or Dub. Is Capitol Trade Free To Use? Yes, Capitol Trades is entirely free to use and doesn't require registration or payment to access any of its features. Can You Trust The Data On Capitol Trades? The data comes from official government filings, making it as reliable as the original congressional disclosure reports, though reporting delays and filing errors can affect accuracy. How Often Is The Information Updated? The platform updates regularly as new congressional disclosure reports become available, typically within days of official filing. Does Capitol Trades Cover International Politicians? No, Capitol Trades focuses exclusively on U.S. senators and representatives and doesn't track international political figures.
Yahoo
11-06-2025
- Business
- Yahoo
The days around Trump's trade war announcements saw spikes in lawmaker stock market transactions
In the days before President Donald Trump suddenly paused most of the punishing tariffs on foreign countries he had revealed in early April, more than a dozen congressional lawmakers were tied to thousands of dollars' worth of stock transactions, including significant purchases as the US stock market tumbled, a CNN analysis of financial filings shows. Seven Democrats and three Republicans reported stock transactions made on April 7, two days before Trump instituted the pause, according to a CNN review of a database of congressional financial filings compiled by Capitol Trades, a platform by the financial data research firm 2iQ which tracks lawmakers' financial activity. That day, a post on X erroneously suggested a pause was already underway, tumbling stocks and sending the markets into a state of turbulence. The next day, on the eve of Trump's tariff reprieve, seven Republicans and four Democrats were tied to transactions, filings show. The White House that day announced it would impose hefty tariffs on China and the S&P 500 closed at its lowest level so far this year. Then came April 9. 'BE COOL!' and 'THIS IS A GREAT TIME TO BUY,' Trump wrote on his Truth Social platform that day, hours before his White House announced a 90-day pause on tariffs against a number of countries save for China. The announcement set the S&P 500 on track to post its biggest single-day gain since October 2008. House and Senate lawmakers on both sides of the aisle have long traded stocks, and their reported transactions so far this Congress have largely mirrored Americans' high volume of trading activity amid the frenetic market shifts fueled by the president's whipsaw economic policy. While lawmakers who spoke with CNN denied having advance briefings, some who bought ahead of the president's tariff reprieve stood to make significant gains after it spurred a market rebound. Lawmakers told CNN the trades were made largely by third-party financial advisors with unilateral control over their portfolios. But experts and some on Capitol Hill say questions around the timing of the transactions strikes at the heart of an ethical and optical question that has long dogged Congress: Can lawmakers play the market without generating suspicion their access to information gives them an unfair advantage, or should they ban the practice altogether? 'At a time where there was significant or important non-public information swirling around Washington, the public can't help but fear that members of Congress are using their access to information to personally profit,' Indiana University Maurer School of Law Professor Donna Nagy, who has testified before Congress on the issue, told CNN after viewing the trading data. 'And whether that perception is true or not, it is destructive. It fuels a corrosive belief that lawmakers are using their positions for purposes of profit and not for the public interest.' Lawmakers, their spouses, and children are permitted to make trades but they are mandated to report any activity done on their behalf within 45 days. They are only required to disclose a monetary value range for trades. From March 31 — just before the president's April 2 'Liberation Day' announcement of tariffs of at least 10% across all countries — through the April 9 pause, a total of 35 lawmakers (19 Republicans and 16 Democrats) reported purchases between about $8.6 million and $27.9 million and sales between about $5.9 million and $22.4 million across 1,265 transactions. Not all of the trades were individual stocks; some involved were mutual funds or public bonds. From March 31 through April 9, Democratic Rep. Ro Khanna reported the most transactions at 438, while GOP Rep. Kevin Hern reported the single highest-value transaction of up to $5 million on April 4. Eleven lawmakers reported one transaction. Fourteen lawmakers reported two transactions or fewer. The transactions Khanna reported, his communications director Sarah Drory told CNN, were not stock trades but part of a trust managed by an independent third party that stems from money his wife had before they were married. Hern spokeswoman Miranda Dabney, meanwhile, told CNN: 'Rep. Hern does not have day-to-day management or control over his stock portfolio or his businesses.' In statements provided to CNN, representatives for the lawmakers who reported trades during that period pointed to various agreements with third-party financial advisors and noted that some purchases were bonds and not individual stocks. The offices told CNN the lawmakers are not directly involved in the purchases. 'President Trump was telling the entire world for months, and even decades, about the benefits of tariffs. It was even a central component of his 2024 presidential campaign. Suggesting any behind-the-scenes coordination is ridiculous,' a spokesperson for Rep. Marjorie Taylor Greene said, pushing back on concerns around the timing of the trades. The Georgia Republican – whose 11 reported purchases on April 8 included between $1,000 and $15,000 worth of stock each, according to the filings – does not direct her own trades but instead has a fiduciary agreement with her portfolio manager, the spokesperson said. Around Trump's trade war, a number of Republicans publicly pledged support for Trump's economic policy while protecting their own financial interests. Sen. Markwayne Mullin sold between $290,000 and $700,000 in stocks across industries from a joint account on April 8 through 'an independent, third-party operator firm that manages all stock portfolio investments on his behalf,' according to his spokesperson. At the same time, the Oklahoma Republican was publicly supporting the president's escalating trade war, despite the financial decisions that appeared to mirror broader consumer concerns. Hern, the fourth-highest ranking Republican in the House said on February 13, shortly after Trump announced 25% tariffs on steel and aluminum imports from all countries: 'These reciprocal tariffs will incentivize other nations to level the playing field and remove long-standing, exorbitant tariffs.' On March 31 — two days before Trump announced expansive tariffs on April 2 — a trust affiliated with Hern sold between $500,000 and $1 million worth of structured investments. For Rep. Chip Roy of Texas, one of the Republicans behind the push to ban lawmaker stock trading, having an intermediary conduct the trades does little to assuage concern. 'Members of Congress should come here to advance the interests of their constituents, not to enrich themselves using stock trading,' Roy said. Rhode Island Rep. Seth Magaziner, one of the leading negotiators on the Democratic side of the effort to ban congressional stock trading who participates in regular meetings on the issue, similarly told CNN: 'We should eliminate the opportunity for members of Congress to engage in any sort of insider trading because the opportunity clearly exists.' The director of government affairs at the Project on Government Oversight Dylan Hedtler-Gaudette told CNN, 'You occasionally have these moments where it really clarifies and distills down just how bad this is. And I think the tariff announcements and subsequent trades and transactions are a prime example of that.' March 3 — the day before Trump levied an additional 10% tariff on China and a 25% tariff on Mexican and Canadian imports with some exceptions — saw the highest number of lawmakers reporting stock trading in a single day through mid-April, according to CNN's analysis. Sixteen lawmakers, evenly split among Democrats and Republicans, reported hundreds of thousands of dollars' worth of transactions that day — most of them purchases. The president had confirmed at an afternoon White House event on March 3 that the tariffs would take effect the next day, leading to a sharp selloff in stocks. At that point, March 3 had so far been the worst day for the market. Pennsylvania Republican Sen. Dave McCormick, who reported purchases between $50,000 and $100,000, was the only lawmaker to report having personally traded on March 3. McCormick did not respond to multiple requests for comment. Lawmakers reached by CNN sought to distance themselves from the transactions filed during those key dates around Trump's tariffs announcements. CNN reached out to the 16 lawmakers who reported transactions on March 3, and the 35 lawmakers, some of whom overlapped, who reported having transactions between March 31 and April 9. Those who responded to CNN said they were unaware of trades being made through various agreements with financial advisors. They said the filings did not reflect traditional stock trades and that they had no interactions with the administration around key announcements. Some told CNN the filings reflected trades or reinvestments through a joint account or by a spouse. Democratic Rep. Josh Gottheimer is waiting on congressional approval for a blind trust, a spokesman told CNN. GOP Rep. Bruce Westerman, meanwhile, has instructed his investment advisor to not invest in individual stocks and is in the process of putting his assets back into a fund, after receiving heat for recent investments, spokesperson Kinsey Featherston shared. Democratic Rep. Julie Johnson has begun the process of divesting her stocks, managed by an independent third party, into ETFs and mutual funds upon becoming a member of Congress, her spokesperson told CNN. Some said they supported efforts to ban lawmaker trading of individual stocks, even those with active portfolios, including Khanna and GOP Rep. Rob Bresnahan. The STOCK Act passed with overwhelming support in 2012 to increase transparency about lawmaker stock trading and made it illegal for lawmakers to use inside information for financial benefit. But lawmakers and experts argue problems persist with existing reporting structures and enforcement mechanisms. Along with only being required to report a monetary range of transactions, lawmakers also don't report the timing of a trade on a given day, which could be useful context for those determining whether seemingly well-timed trades could be based on non-public information. There is also currently no designated oversight body to determine whether lawmakers hold a conflict of interest in their trading practices. Legal experts say that even lawmakers who use financial advisors to trade on their behalf are not necessarily insulated from scrutiny, and it depends on the details of the agreement. The $200 fine for late filings is hardly a deterrent, experts argue. 'That doesn't pass the sniff test even a little bit because there is no guarantee that they're not talking to those people because there is no prohibition against them from talking to those financial advisors,' Hedtler-Gaudette said of the arrangements most lawmakers have with their financial advisors. As efforts to ban congressional stock trading have fallen short, scholars and ethics experts have argued that members of Congress are privy to more information than the average American and are often faced with legislative decisions that overlap with their investment portfolios. 'It is essentially completely legal for a congressman, congresswoman or senator to go to Goldman Sachs, Blackrock or Vanguard and be like, 'Hey I'm proposing this regulation, what do you think will be the impact on the market?' There is nothing to stop you from that,' said Dr. Jan Hanousek Jr., an assistant professor at the University of Memphis who has studied the patterns of lawmaker stock trading. 'This is an insane problem.' Beyond ethics concerns, a 2022 Fox News poll found that 70% of respondents supported banning members of Congress and their families from trading stock, while a January UC San Diego study found that even when lawmakers make their trading practices public, it 'erodes' the legitimacy of Congress. The push to ban lawmaker stock trading last peaked when dozens of federal officials and some lawmakers made lucrative stock and mutual fund trades as the government was preparing for the financial onslaught of the Covid-19 pandemic in early 2020. The Department of Justice has since closed investigations into the moves. But in a sign this Congress' bipartisan group of lawmakers may be closer to finding the political will to ban the practice, House Speaker Mike Johnson, House Minority Leader Hakeem Jeffries and the president himself have publicly supported the effort, following news of lawmaker stock trading activity around the tariff announcements. 'I have been working on this issue for years,' Roy told CNN. 'We can and should fix the problem during this term now that President Trump and the Speaker have signaled their support for the measure. We have the will and the mandate of the American people to do this. Let's deliver.' CNN's John Towfighi contributed to this report.
Yahoo
04-06-2025
- Business
- Yahoo
Marjorie Taylor Greene Just Loaded Up on This Monster Artificial Intelligence (AI) Stock That Continues to Crush the Market
Public records show that U.S. Rep. Marjorie Taylor Greene (or a family member) recently bought shares in data analytics darling Palantir Technologies. Palantir stock has crushed the market this year, thanks in large part to major contract wins and its ability to outmaneuver new tariff policies. While following the momentum in Palantir stock can be tempting, the company's current valuation trends look unsustainable. 10 stocks we like better than Palantir Technologies › U.S. Rep. Marjorie Taylor Greene, a Georgia Republican, recently disclosed some buys in red-hot artificial intelligence (AI) stock Palantir Technologies (NASDAQ: PLTR), according to data compiled by Capitol Trades, which follows the trading activity of politicians. According to the disclosures, the purchases ranging from $1,000 to $5,000 occurred on April 7 and 8. Of note, this activity follows an initial purchase of Palantir stock in mid-February. As of closing bell on May 29, the stock had climbed 62% this year, completely overshadowing the S&P 500 and Nasdaq Composite, each of which is breakeven on the year. We don't know why Greene bought the stock, and following the stock moves of any person without thought makes no sense, but that doesn't mean investors should ignore Palantir. Far from it. Like many of its peers in the AI realm, Palantir stock has exhibited the characteristics of a roller coaster throughout 2025. In February, shares experienced a sharp downturn immediately following news of President Donald Trump's orders to reduce spending at the Pentagon. As the chart above shows, this panic-induced selling was fleeting. Perhaps one reason is that despite budget cuts at the Department of Defense (DOD) as well as other government agencies tied to cuts from the efficiency initiative called the Department of Government Efficiency, Palantir has managed to continue winning business in the public sector. For example, earlier this year, it won a notable contract with NATO. Although that organization is not a singular government agency, my outlook is that working more closely with the U.S. and its military partners could lead to expansion opportunities for Palantir as it relates to cross-border deals. It also recently won a $795 million expansion opportunity with the Army for its Maven Smart System (MSS). Another reason investors may be flocking to Palantir stock is because unlike many of its peers in the technology sector, the software darling is relatively immune from ongoing tariff concerns. In fact, I think the introduction of new tariffs is actually an opportunity to jump-start its business in the commercial sector. Following President Trump's "Liberation Day" tariff announcement in early April, Palantir released a new module whereby it can analyze real-time data to help retailers assess how tariffs are affecting their operations. The chart below benchmarks Palantir against a cohort of other leading AI software growth stocks as measured by the price-to-sales ratio (P/S). Palantir's P/S multiple of 102 is a clear outlier among its software peers. But even so, the disparity between Palantir and its competition doesn't tell investors a whole lot. To get a better sense of whether the stock might be overvalued, consider this: During the dot-com bubble in the late 1990s, companies such as Cisco and Amazon experienced peak P/S multiples in the range of 30 to 40. Not only is Palantir's P/S multiple considerably higher than that bubble territory, but the trends above also indicate that its valuation is continuing to expand! I'll admit that Palantir's ability to outmaneuver multiple drawdowns across the broader markets this year is impressive. But just because a stock goes up for a period of time doesn't make it a good buy. Given the context explored above, I think the stock is due for a pullback. While I remain bullish on the company's long-run prospects, I do think the valuation multiples need to normalize sooner rather than later. I see Palantir stock as overbought, but would consider buying the dip at some point down the road. Before you buy stock in Palantir Technologies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Palantir Technologies wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $657,385!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $842,015!* Now, it's worth noting Stock Advisor's total average return is 987% — a market-crushing outperformance compared to 171% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Adam Spatacco has positions in Amazon and Palantir Technologies. The Motley Fool has positions in and recommends Amazon, Cisco Systems, Datadog, MongoDB, Palantir Technologies, ServiceNow, and Snowflake. The Motley Fool has a disclosure policy. Marjorie Taylor Greene Just Loaded Up on This Monster Artificial Intelligence (AI) Stock That Continues to Crush the Market was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
04-06-2025
- Business
- Yahoo
Marjorie Taylor Greene Just Loaded Up on This Monster Artificial Intelligence (AI) Stock That Continues to Crush the Market
Public records show that U.S. Rep. Marjorie Taylor Greene (or a family member) recently bought shares in data analytics darling Palantir Technologies. Palantir stock has crushed the market this year, thanks in large part to major contract wins and its ability to outmaneuver new tariff policies. While following the momentum in Palantir stock can be tempting, the company's current valuation trends look unsustainable. 10 stocks we like better than Palantir Technologies › U.S. Rep. Marjorie Taylor Greene, a Georgia Republican, recently disclosed some buys in red-hot artificial intelligence (AI) stock Palantir Technologies (NASDAQ: PLTR), according to data compiled by Capitol Trades, which follows the trading activity of politicians. According to the disclosures, the purchases ranging from $1,000 to $5,000 occurred on April 7 and 8. Of note, this activity follows an initial purchase of Palantir stock in mid-February. As of closing bell on May 29, the stock had climbed 62% this year, completely overshadowing the S&P 500 and Nasdaq Composite, each of which is breakeven on the year. We don't know why Greene bought the stock, and following the stock moves of any person without thought makes no sense, but that doesn't mean investors should ignore Palantir. Far from it. Like many of its peers in the AI realm, Palantir stock has exhibited the characteristics of a roller coaster throughout 2025. In February, shares experienced a sharp downturn immediately following news of President Donald Trump's orders to reduce spending at the Pentagon. As the chart above shows, this panic-induced selling was fleeting. Perhaps one reason is that despite budget cuts at the Department of Defense (DOD) as well as other government agencies tied to cuts from the efficiency initiative called the Department of Government Efficiency, Palantir has managed to continue winning business in the public sector. For example, earlier this year, it won a notable contract with NATO. Although that organization is not a singular government agency, my outlook is that working more closely with the U.S. and its military partners could lead to expansion opportunities for Palantir as it relates to cross-border deals. It also recently won a $795 million expansion opportunity with the Army for its Maven Smart System (MSS). Another reason investors may be flocking to Palantir stock is because unlike many of its peers in the technology sector, the software darling is relatively immune from ongoing tariff concerns. In fact, I think the introduction of new tariffs is actually an opportunity to jump-start its business in the commercial sector. Following President Trump's "Liberation Day" tariff announcement in early April, Palantir released a new module whereby it can analyze real-time data to help retailers assess how tariffs are affecting their operations. The chart below benchmarks Palantir against a cohort of other leading AI software growth stocks as measured by the price-to-sales ratio (P/S). Palantir's P/S multiple of 102 is a clear outlier among its software peers. But even so, the disparity between Palantir and its competition doesn't tell investors a whole lot. To get a better sense of whether the stock might be overvalued, consider this: During the dot-com bubble in the late 1990s, companies such as Cisco and Amazon experienced peak P/S multiples in the range of 30 to 40. Not only is Palantir's P/S multiple considerably higher than that bubble territory, but the trends above also indicate that its valuation is continuing to expand! I'll admit that Palantir's ability to outmaneuver multiple drawdowns across the broader markets this year is impressive. But just because a stock goes up for a period of time doesn't make it a good buy. Given the context explored above, I think the stock is due for a pullback. While I remain bullish on the company's long-run prospects, I do think the valuation multiples need to normalize sooner rather than later. I see Palantir stock as overbought, but would consider buying the dip at some point down the road. Before you buy stock in Palantir Technologies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Palantir Technologies wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $657,385!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $842,015!* Now, it's worth noting Stock Advisor's total average return is 987% — a market-crushing outperformance compared to 171% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Adam Spatacco has positions in Amazon and Palantir Technologies. The Motley Fool has positions in and recommends Amazon, Cisco Systems, Datadog, MongoDB, Palantir Technologies, ServiceNow, and Snowflake. The Motley Fool has a disclosure policy. Marjorie Taylor Greene Just Loaded Up on This Monster Artificial Intelligence (AI) Stock That Continues to Crush the Market was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Economic Times
15-05-2025
- Business
- Economic Times
Speaker Mike Johnson says congressional members are paid peanuts, need to trade stocks to support their families
Live Events FAQs (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel House Speaker Mike Johnson says members of Congress should be allowed to trade stocks so they can support their families. He said this while talking to the press on explained that Congress salaries haven't increased since 2009. He added that, after adjusting for inflation, members make 31% less now than in warned that if this keeps going, "less qualified people" will want to run for Congress because it's a big sacrifice with not enough said, "At least let them, like, engage in some stock trading so that they can continue to take care of their family."This comes at a time when stock trading by Congress members is being closely looked at again. The reason is Donald Trump's announcement of big tariffs on global trade tariffs were later changed and the stock market reacted strongly to those changes. Some people noticed strange trading activity like big spikes in NASDAQ call volume on April 9, just minutes before Trump paused tariffs for some of this, Sen. Adam Schiff (D-MA) and Rep. Alexandria Ocasio-Cortez (D-NY) is asking for an investigation into possible insider posted on social media saying, "We're about to learn a few things," as Congress members must submit financial disclosures by May 15.A website called Capitol Trades, which tracks what Congress members are trading, found some surprising example, Rep. Rob Bresnahan (R-PA), who wants to ban congressional stock trading, has already made over $5.6 million through 490 trades since he got elected in also said people need to make a "reasonable decision" with their family about whether they can afford to live in both Washington and their home state, and do everything the job needs.Q1. What did Mike Johnson say about Congress salaries?He said they haven't increased since 2009 and are worth less now.Q2. Why are people talking about insider trading in Congress now?Some stocks moved right before news about tariffs came out.
