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A Brief Legislative History of The STOCK Act
The STOCK Act was first introduced in 2005 in the House, accompanying significant publicity for an academic study suggesting that Members of Congress beat the market significantly with their own investments.
EIGA: What Politicians Have to Disclose
Senior members of each branch of the federal government are required to routinely disclose their financial interests and activities to the public under the Ethics in Government Act of 1978 (EIGA).
STOCK Act Loopholes: ETFs and Mutual Funds
Members of Congress have to disclose a stock purchase 30 days after the transaction, but ETFs and mutual fund trades get a free pass.
How Rich is the Supreme Court?
We estimate that the wealthiest Supreme Court Justice (Roberts) has an investment portfolio worth 400 times that of the least wealthy justice (Kavanaugh). In total, the nine justices hold approximately $49 million in assets, and all employ unique investment styles.
Deep Dive: Pelosi’s Stocks and Options 2019-2021
Speaker of the House Nancy Pelosi and venture capitalist husband Paul Pelosi beat the stock market by 5 percent in 2019 and by 14% in 2020.
71% of Manchin’s Investment Income Is From Enersystems
Manchin’s own energy company, Enersystems, represents 30% of his net worth and 70% of his portfolio income.