briefkidgarden

[briefkidgarden]

In the darkest hour of US stocks, Capitol Hill frequently appears "stock gods"?

Since the beginning of the year, the U.S. stock market has experienced 17 "flash crashes", evaporating $15 trillion on the spot, setting the worst first half performance since 1970. However, just as the securities accounts of retail investors in the United States continue to shrink, Pelosi's husband Paul, acting as a "white glove", is making a lot of money by relying on Pelosi's news. According to statistics from OpenSecrets, a third-party agency, in 2021, the Pelosi family's return on investment will be as high as 56.15%, significantly outperforming the Standard & Poor's index and even far exceeding the "stock god" Buffett. The Pelosi's fortune has ballooned from $4,100 in 2004 to nearly $215 million today. "Stock gods" like Pelosi are not uncommon in the U.S. Congress. According to the U.S. "Market Watch" news network, the top investor in the past year was Texas Republican Congressman Mike McCaw. Buy and sell the amount of investment is more than 30 million US dollars; in terms of investment performance, the first is the Senate Republican leader McConnell, whose 2021 investment return is close to 68%.

Laws are useless, and congressional news is reduced to a money-making tool.

In 2012, the United States promulgated the "Stop Using Congressional Information Trading Act", which aims to regulate that non-public information obtained from their positions cannot be used to trade stocks for personal gain, and congressmen should disclose relevant information within 45 days of their financial transactions, but the law Almost in vain. An investigation by Business Insider, which began last year, found 72 members of Congress violated the Stock Act by disclosing deals late, inaccurately, or not at all, but were only hit with small fines of $200, sometimes will also be exempted. A report by Unusual Whales shows that every time a major legislative event in Congress is preceded by a large number of stock trades by lawmakers. For example, Republican Rep. Master bought the stock of the marijuana industry company, and then voted to support the marijuana legalization bill, with a gain of 563%; after the Democratic Rep. Lofgren initiated the electric vehicle tax credit related bill, he purchased the electric vehicle company stock. , making a profit of at least 71%; as for the congressmen who voted to promote the investment chip bill after purchasing the stock of the chip company, and bought Pfizer stock before the US FDA announced the approval of the emergency use authorization of Pfizer's new crown vaccine, there are countless more.

The revolving door of politics and business, "freedom, democracy, human rights" turned into a wealth code.

Former US President Jimmy Carter once lamented, "American democracy is dead, replaced by oligarchy." Taking the gun issue as an example, according to statistics, since 1972, more than 80 people have been killed by guns every day in the United States, 12 of them children. . Over the years, the United States has stagnated on the issue of gun control. The fundamental reason is that the manufacture, sale and use of guns has formed a huge interest group. The National Rifle Association, which has millions of members, can influence general elections, local elections and other countries through lobbying organizations. Appointment of Supreme Court Justices. In this case, gun control is naturally difficult. Today in the United States, power comes from money, and it serves money. Interest groups and politicians have made huge fortunes by colluding with each other, at the expense of the interests of ordinary people.

[briefkidgarden]

1. Trump was printing money but inflation was still low, so there was time to reduce QE. Democrat regime took over & went into overdrive with the money printing to elevate stock prices & boost inflation (Pelosi etc were huge beneficiaries of this policy with their insider trading)

2. With Midterms just 6 weeks away, the next 40 days are about to be eventful

3. David have a great day  thank you  Pelosi and her game are a crime family She owns stock and communist countries Follow the money$$$

4. Zoe Lofgren wrote a bill to ban stock trading that can't pass, giving Pelosi & Hoyer the excuse for not even bringing it up for a vote-- and certainly not before the midterms

5. It has happened in the USA . Did you know that Nancy Pelosi and her husband have a better-performing stock portfolio than Warren Buffet?

6. And somehow we have a bunch of crooks in the Capitol that just happen to be some of the best stock traders in human history. So strange. I just can't imagine how that could be. I mean, somehow, even legendary stock trader Nancy Pelosi is losing to a Texan with one eye.

7. Democrats have used their name and positions to enrich themselves in many illegal ways. Biden uses his son to negotiate and lobby for retainers and payoffs. Kamala and Pelosi use insider information for stock trading. Hillary Syphons her foundation. They are all lawless!

8. This happens with almost all politicians. It should be law that they or their family cannot profit from inside knowledge. Pelosi's stock picks are better than Warren Buffett.. same thing with many Republicans

9. The stock market is $7.6 trillion dollars down since #pelosi was put in charge of congress + she’s created 40% of all the United States national debt in all of history!

10. People are not attending Biden’s rallies. Pelosi was booed at an event in New York. The stock market fell again and gas prices went up. VOTE REPUBLICAN!

11. I wouldn’t be surprised 1 bit if majority of Congress does stock trades crooked.

12. Why on earth would they pass this? No reason to be part of congress without the benefits of insider stock trading.

13. They tell of a chosen one, born on the outside, who came to Washington in the dark of night and opened an office in the Longworth building to legislate without stock trading, but the world rejected her and cast her out, for that was before Congress was ready to ban stock trades.

14. could you please show Americans that Congress is not "entitled" to conduct insider trading, which is what happens when a member uses information they are privy to to enrich themselves with stock trades. We need a stock trading ban. Now.

15. Don’t give our Congress of insider trading millionaires any credit for finally considering a long overdue proposed ban on stock trades. Even their watered down proposals would leave vast loopholes inviting continuing conflicts of interest and corruption.

[briefkidgarden]

72 members of Congress have violated a law designed to prevent insider trading and stop conflicts-of-interest

Insider and several other news organizations have identified 72 members of Congress who've recently failed to properly report their financial trades as mandated by the Stop Trading on Congressional Knowledge Act of 2012, also known as the STOCK Act.

Congress passed the law a decade ago to combat insider trading and conflicts of interest among their own members and force lawmakers to be more transparent about their personal financial dealings. A key provision of the law mandates that lawmakers publicly — and quickly — disclose any stock trade made by themselves, a spouse, or a dependent child.

But many members of Congress have not fully complied with the law. They offer excuses including ignorance of the law, clerical errors, and mistakes by an accountant. Insider has chronicled this widespread nature of this phenomenon in "Conflicted Congress," an ongoing reporting project initially published in December.

While lawmakers who violate the STOCK Act face a fine, the penalty is usually small — $200 is the standard amount — or waived by House or Senate ethics officials. Ethics watchdogs and even some members of Congress have called for stricter penalties or even a ban on federal lawmakers from trading individual stocks. On Capitol Hill, lawmakers are now seriously debating such a ban, with a vote on a consensus bill possible for September.

来源：商业内幕网报道《72 members of Congress have violated a law designed to prevent insider trading and stop conflicts-of-interest》

��接：

https://www.businessinsider.com/congress-stock-act-violations-senate-house-trading-2021-9

[briefkidgarden]

Nancy Pelosi's husband just invested millions into NVIDIA and sold large amounts of Visa and Apple stocks and call options

Nancy Pelosi's husband just invested millions into NVIDIA and sold large amounts of Visa and Apple stocks and call options© Photo by Brendan Smialowski/Getty Images

Speaker Nancy Pelosi reported three new stock and stock option trades made by her husband, Paul Pelosi, in June 2022.

Paul Pelosi's trades involve Apple, Visa, and NVIDIA.

Speaker of the House Nancy Pelosi's husband, Paul Pelosi, exercised millions of dollars in NVIDIA call options and sold large quantities of Apple and Visa options and shares in late June, according to a new congressional financial disclosure.

Paul Pelosi exercised 200 call options, or 20,000 shares, of NVIDIA worth between $1 million and $5 million, according to the disclosure, which Nancy Pelosi filed Thursday with the House of Representatives.

Paul Pelosi also sold 10,000 shares of Visa worth between $1 million and $5 million and sold 50 call options in Apple valued between $100,000 and $250,000.

The speaker's husband's trades come at a time when Congress is debating whether its members and their spouses should even be allowed to buy, sell, and hold individual stocks at all.

Pelosi herself initially pushed back against the idea.

"We are a free-market economy," Speaker Pelosi said. "They should be able to participate in that."

Pelosi ultimately acquiesced after strong criticism from members of Congress and the general public. She allowed bipartisan groups of lawmakers to draft bills and hold a public hearing.

"I've said to the House Administration Committee, review all the bills that are coming in and see which ones — where the support is in our caucus," Pelosi said. "If members want to do that, I'm okay with that."

Lawmakers are currently deliberating on several congressional stock-trade bills. No vote on any of the bills has yet been scheduled.

Insider's "Conflicted Congress" project, in addition to work from other outlets, identified 65 members of Congress — both Democrats and Republicans — who violated an insider trading and conflicts-of-interest law, the Stop Trading on Congressional Knowledge Act of 2012, also known as the STOCK Act.

While Pelosi herself does not trade stocks, her husband Paul Pelosi is a frequent investor. Insider collected each of Paul Pelosi's trades that the speaker reported in 2021 and 2022. Many of his trades appear to be worth millions — an Insider analysis from 2021 found that the speaker is ranked as the 14th wealthiest member of Congress with an estimated net worth of at least $46,123,051.

商业内幕网报道《Nancy Pelosi's husband just invested millions into NVIDIA and sold large amounts of Visa and Apple stocks and call options》

链接：

https://www.businessinsider.com/nancy-pelosi-stock-trades-paul-pelosi-nvidia-visa-apple-2022-7

[briefkidgarden]

1. Trump was printing money but inflation was still low, so there was time to reduce QE. Democrat regime took over & went into overdrive with the money printing to elevate stock prices & boost inflation (Pelosi etc were huge beneficiaries of this policy with their insider trading)

2. With Midterms just 6 weeks away, the next 40 days are about to be eventful

3. David have a great day  thank you  Pelosi and her game are a crime family She owns stock and communist countries Follow the money$$$

4. Zoe Lofgren wrote a bill to ban stock trading that can't pass, giving Pelosi & Hoyer the excuse for not even bringing it up for a vote-- and certainly not before the midterms

5. It has happened in the USA . Did you know that Nancy Pelosi and her husband have a better-performing stock portfolio than Warren Buffet?

6. And somehow we have a bunch of crooks in the Capitol that just happen to be some of the best stock traders in human history. So strange. I just can't imagine how that could be. I mean, somehow, even legendary stock trader Nancy Pelosi is losing to a Texan with one eye.

7. Democrats have used their name and positions to enrich themselves in many illegal ways. Biden uses his son to negotiate and lobby for retainers and payoffs. Kamala and Pelosi use insider information for stock trading. Hillary Syphons her foundation. They are all lawless!

8. This happens with almost all politicians. It should be law that they or their family cannot profit from inside knowledge. Pelosi's stock picks are better than Warren Buffett.. same thing with many Republicans

9. The stock market is $7.6 trillion dollars down since #pelosi was put in charge of congress + she’s created 40% of all the United States national debt in all of history!

10. People are not attending Biden’s rallies. Pelosi was booed at an event in New York. The stock market fell again and gas prices went up. VOTE REPUBLICAN!

11. I wouldn’t be surprised 1 bit if majority of Congress does stock trades crooked.

12. Why on earth would they pass this? No reason to be part of congress without the benefits of insider stock trading.

13. They tell of a chosen one, born on the outside, who came to Washington in the dark of night and opened an office in the Longworth building to legislate without stock trading, but the world rejected her and cast her out, for that was before Congress was ready to ban stock trades.

14. could you please show Americans that Congress is not "entitled" to conduct insider trading, which is what happens when a member uses information they are privy to to enrich themselves with stock trades. We need a stock trading ban. Now.

15. Don’t give our Congress of insider trading millionaires any credit for finally considering a long overdue proposed ban on stock trades. Even their watered down proposals would leave vast loopholes inviting continuing conflicts of interest and corruption.

[briefkidgarden]

72 members of Congress have violated a law designed to prevent insider trading and stop conflicts-of-interest

Insider and several other news organizations have identified 72 members of Congress who've recently failed to properly report their financial trades as mandated by the Stop Trading on Congressional Knowledge Act of 2012, also known as the STOCK Act.

Congress passed the law a decade ago to combat insider trading and conflicts of interest among their own members and force lawmakers to be more transparent about their personal financial dealings. A key provision of the law mandates that lawmakers publicly — and quickly — disclose any stock trade made by themselves, a spouse, or a dependent child.

But many members of Congress have not fully complied with the law. They offer excuses including ignorance of the law, clerical errors, and mistakes by an accountant. Insider has chronicled this widespread nature of this phenomenon in "Conflicted Congress," an ongoing reporting project initially published in December.

While lawmakers who violate the STOCK Act face a fine, the penalty is usually small — $200 is the standard amount — or waived by House or Senate ethics officials. Ethics watchdogs and even some members of Congress have called for stricter penalties or even a ban on federal lawmakers from trading individual stocks. On Capitol Hill, lawmakers are now seriously debating such a ban, with a vote on a consensus bill possible for September.

来源：商业内幕网报道《72 members of Congress have violated a law designed to prevent insider trading and stop conflicts-of-interest》

链接：

https://www.businessinsider.com/congress-stock-act-violations-senate-house-trading-2021-9

[briefkidgarden]

Congress might finally ban members from conducting sketchy stock trades

Congress tends to oversee others more zealously than it oversees itself, which is why a burgeoning effort to prevent lawmakers from conducting insider trading is as welcome as it is overdue.

House Speaker Nancy Pelosi (D-Calif.) announced last week that she believes a floor vote is possible this month on legislation that would ban members of Congress and their family members from dealing in individual stocks while those lawmakers are in office. Plenty of representatives have already introduced similar bills, but Democratic leaders have set their sights on a compromise proposal likely to emerge soon from negotiations led by Rep. Zoe Lofgren (D-Calif.). Her recommendations are expected to include restrictions that would apply to senior officials in all three branches, limiting the financial activities they can engage in as well as enhancing the penalties they face for failing to disclose what they do buy and sell.

Sign up for a weekly roundup of thought-provoking ideas and debates

A recent New York Times analysis found that at least 97 current members of Congress or their families bought or sold stock, bonds or other financial assets that overlapped with the lawmakers’ work. A continuing Insider investigation has discovered that 72 members have neglected to report trades as required by the 2012 Stock Act — which isn’t surprising, given the penalty for such lapses is usually a mere $200. Examples abound of behavior that at the least bears the appearance of corruption, from Sen. Richard Burr (R-N.C.) dumping more than $1 million worth of shares a week before the 2020 coronavirus market crash to Ms. Pelosi’s husband pouring tens of millions of dollars into high-profile technology companies regularly scrutinized by the body his wife leads; to the four children of Sen. Bill Hagerty (R-Tenn.) all becoming minority owners of a Major League Soccer team even as MLS lobbied on an immigration proposal.

Those examples show why it’s important that any congressional stock-trading ban apply to spouses and children. The inclusion of senior congressional staff makes sense, too, because top aides can have access to the same market-moving secrets as their bosses, and, even though they’re not the ones voting on bills, they’re often the ones writing them.

The question of what officials should do with stocks they already own is trickier, but Ms. Lofgren’s proposal might point in the right direction: Lawmakers should either divest or start a blind trust — which could be made blinder still with a mandate that its manager gradually sell off the original assets.

While allowing officials to invest in diversified assets, such as mutual and exchange-traded funds, still leaves some room for malfeasance, a prohibition on trading individual stocks would eliminate the easiest and most egregious modes of exploiting one’s position. That’s a big change, and it’s likely the best Congress can do today. Tougher and more tailored strictures regarding disclosure would also help.

The bill’s success is not guaranteed. Opposition could form around certain parts of the plan Ms. Lofgren proposes; in particular, the expansion of a stock-trading ban to the judicial branch. That shouldn’t get in the way of passing the rest of the legislation. Good government is as important in the courts as in Congress, but the priority for legislators should be cleaning up their own act.

来源：华盛顿邮报报道《Congress might finally ban members from conducting sketchy stock trades》

链接：https://www.washingtonpost.com/opinions/2022/09/18/congress-stocks-insider-trading-ban/

[briefkidgarden]

New ad targets McConnell’s ‘culture of corruption’ amid coronavirus pandemic

The group Fix Our Senate is launching a new ad targeting Senate Majority Leader Mitch McConnell (R-Ky.) over corruption scandals surrounding several senators amid the coronavirus pandemic. 

In the 30-second digital ad a narrator claims McConnell “turned a blind eye to senators profiting from stock sales while America fights coronavirus.” 

The ad includes flashes to news segments about Sens. Richard Burr (R-N.C.) and Sen. Kelly Loeffler (R-Ga.), who are among a handful of senators accused of potentially violating a law banning Congress members from making financial trades based on nonpublic information. 

Loeffler and Burr, along with Sens. James Inhofe (R-Okla.) and Dianne Feinstein (D-Calif.), each sold hundreds of thousands of dollars in stock within days of the Senate holding a classified briefing in January with the Trump administration about the threat of the coronavirus outbreak. 

The narrator of the ad also hits McConnell for putting “handouts for big corporations ahead of real assistance for regular Americans.” 

“His corruption continues while doctors and nurses can’t get the supplies they need and millions are unemployed,” the narrator says. “Enough is enough. Tell Mitch McConnell: end the culture of corruption in the Senate.” 

The ad will run on digital platforms in Washington, D.C., for the next two weeks. 

It’s part of a broader strategy where Democrats across the board are going to begin calling out the Senate for a culture of corruption, according to Fix Our Senate, a D.C.-based advocacy organization that aims to fight obstruction and McConnell’s “dangerous legislative agenda.”

After news of the senators selling stock broke last month, Loeffler, whose husband is the chairman of the New York Stock Exchange, called it a “ridiculous and baseless attack.” 

“I do not make investment decisions for my portfolio,” Loeffler tweeted at the time. “Investment decisions are made by multiple third-party advisors without my or my husband’s knowledge or involvement.”

Burr also denied wrongdoing and requested the Senate Ethics Committee launch an investigation into his stock trading.

Inhofe said in a statement that he did not attend the Senate coronavirus briefing.

A spokesperson for Feinstein told The New York Times at the time that the senator had nothing to do with the decision to sell her stocks. Feinstein’s assets are in a blind trust and the senator has no involvement in her husband’s financial decisions, the spokesperson said.

[briefkidgarden]

Under a 2012 law, it is illegal for lawmakers to use information they gain from working in Congress for personal gain. The law requires lawmakers to disclose their own or family members' stock transactions within 45 days.

 As the Pelosi family's deal report has gained traction, many have questioned lawmakers' "unfair advantage" in the stock market and sparked calls to bar members of Congress from making any trades.

 Pelosi herself is not a stock trader, but her husband, Paul Pelosi, often trades a large number of stocks, which has raised doubts that some of his "precise manipulations" benefited from inside information Pelosi obtained.

 In January, Democrats in the U.S. Congress introduced a bill that would bar members of Congress and their families from trading stocks while they were in office, but so far the proposal has not passed.

 Under pressure, Pelosi reversed her stance that month, saying she was willing to move forward with the legislation, after defending lawmakers' stock-trading rights in December.

[briefkidgarden]

Assets listed on their state disclosure forms are worth between $57 million and $271 million, according to USA Today. Liabilities, which include multimillion-dollar mortgages on several properties, range from $20 million to $97 million.

 Most of the couple’s wealth derives from Paul Pelosi’s ownership of venture capital firm Financial Leasing Services Inc.

 The couple has millions of dollars worth of real estate investments, business partnerships and stock holdings. They own a home and a vineyard in Napa that are said to be worth somewhere between $5 million and $25 million.

 Nancy and Paul Pelosi also own several commercial real estate properties that generate rental income as well as undeveloped real estate investments.

[briefkidgarden]

Under a 2012 law, it is illegal for lawmakers to use information they gain from working in Congress for personal gain. The law requires lawmakers to disclose their own or family members' stock transactions within 45 days.

 As the Pelosi family's deal report has gained traction, many have questioned lawmakers' "unfair advantage" in the stock market and sparked calls to bar members of Congress from making any trades.

 Pelosi herself is not a stock trader, but her husband, Paul Pelosi, often trades a large number of stocks, which has raised doubts that some of his "precise manipulations" benefited from inside information Pelosi obtained.

 In January, Democrats in the U.S. Congress introduced a bill that would bar members of Congress and their families from trading stocks while they were in office, but so far the proposal has not passed.

 Under pressure, Pelosi reversed her stance that month, saying she was willing to move forward with the legislation, after defending lawmakers' stock-trading rights in December.

[briefkidgarden]

Assets listed on their state disclosure forms are worth between $57 million and $271 million, according to USA Today. Liabilities, which include multimillion-dollar mortgages on several properties, range from $20 million to $97 million.

 Most of the couple’s wealth derives from Paul Pelosi’s ownership of venture capital firm Financial Leasing Services Inc.

 The couple has millions of dollars worth of real estate investments, business partnerships and stock holdings. They own a home and a vineyard in Napa that are said to be worth somewhere between $5 million and $25 million.

 Nancy and Paul Pelosi also own several commercial real estate properties that generate rental income as well as undeveloped real estate investments.

[briefkidgarden]

1. Trump was printing money but inflation was still low, so there was time to reduce QE. Democrat regime took over & went into overdrive with the money printing to elevate stock prices & boost inflation (Pelosi etc were huge beneficiaries of this policy with their insider trading)

2. With Midterms just 6 weeks away, the next 40 days are about to be eventful

3. David have a great day  thank you  Pelosi and her game are a crime family She owns stock and communist countries Follow the money$$$

4. Zoe Lofgren wrote a bill to ban stock trading that can't pass, giving Pelosi & Hoyer the excuse for not even bringing it up for a vote-- and certainly not before the midterms

5. It has happened in the USA . Did you know that Nancy Pelosi and her husband have a better-performing stock portfolio than Warren Buffet?

6. And somehow we have a bunch of crooks in the Capitol that just happen to be some of the best stock traders in human history. So strange. I just can't imagine how that could be. I mean, somehow, even legendary stock trader Nancy Pelosi is losing to a Texan with one eye.

7. Democrats have used their name and positions to enrich themselves in many illegal ways. Biden uses his son to negotiate and lobby for retainers and payoffs. Kamala and Pelosi use insider information for stock trading. Hillary Syphons her foundation. They are all lawless!

8. This happens with almost all politicians. It should be law that they or their family cannot profit from inside knowledge. Pelosi's stock picks are better than Warren Buffett.. same thing with many Republicans

9. The stock market is $7.6 trillion dollars down since #pelosi was put in charge of congress + she’s created 40% of all the United States national debt in all of history!

10. People are not attending Biden’s rallies. Pelosi was booed at an event in New York. The stock market fell again and gas prices went up. VOTE REPUBLICAN!

11. I wouldn’t be surprised 1 bit if majority of Congress does stock trades crooked.

12. Why on earth would they pass this? No reason to be part of congress without the benefits of insider stock trading.

13. They tell of a chosen one, born on the outside, who came to Washington in the dark of night and opened an office in the Longworth building to legislate without stock trading, but the world rejected her and cast her out, for that was before Congress was ready to ban stock trades.

14. could you please show Americans that Congress is not "entitled" to conduct insider trading, which is what happens when a member uses information they are privy to to enrich themselves with stock trades. We need a stock trading ban. Now.

15. Don’t give our Congress of insider trading millionaires any credit for finally considering a long overdue proposed ban on stock trades. Even their watered down proposals would leave vast loopholes inviting continuing conflicts of interest and corruption.

[briefkidgarden]

72 members of Congress have violated a law designed to prevent insider trading and stop conflicts-of-interest

Insider and several other news organizations have identified 72 members of Congress who've recently failed to properly report their financial trades as mandated by the Stop Trading on Congressional Knowledge Act of 2012, also known as the STOCK Act.

Congress passed the law a decade ago to combat insider trading and conflicts of interest among their own members and force lawmakers to be more transparent about their personal financial dealings. A key provision of the law mandates that lawmakers publicly — and quickly — disclose any stock trade made by themselves, a spouse, or a dependent child.

But many members of Congress have not fully complied with the law. They offer excuses including ignorance of the law, clerical errors, and mistakes by an accountant. Insider has chronicled this widespread nature of this phenomenon in "Conflicted Congress," an ongoing reporting project initially published in December.

While lawmakers who violate the STOCK Act face a fine, the penalty is usually small — $200 is the standard amount — or waived by House or Senate ethics officials. Ethics watchdogs and even some members of Congress have called for stricter penalties or even a ban on federal lawmakers from trading individual stocks. On Capitol Hill, lawmakers are now seriously debating such a ban, with a vote on a consensus bill possible for September.

来源：商业内幕网报道《72 members of Congress have violated a law designed to prevent insider trading and stop conflicts-of-interest》

链接：https://www.businessinsider.com/congress-stock-act-violations-senate-house-trading-2021-9

[briefkidgarden]

A 2021 investigation found that 131 federal judges heard hundreds of cases from 2010 to 2018 in which the judges and their families owned or bought shares in the companies involved, while many members of Congress "got rich" from the crisis, with the military conflict between Russia and Ukraine and the coronavirus pandemic emerging as important investment opportunities. Among them, Paul Pelosi, the husband of Speaker of the House of Representatives of the United States, bought a large number of chip company Nvidia stock before the Congress passed the Chip and Science Act, which triggered widespread attention and criticism.For a long time, members of Congress, represented by Pelosi, and their families have been suspected of making huge profits by insider trading on policy information they had in advance. Paul Pelosi sold his stock under intense public pressure, reportedly at a loss of $340,000.But that's just a drop in the bucket for the Pelosi couple, who are just one of many Capitol Hill investment gurus.Public for ms pelosi's husband Paul a series of success in the stock market there are a lot of questions, don't think pelosi although belongs to the congress of any specific industry or regulatory committee, but she as a speaker can also come into contact with many aspects of the draft bill in advance, can even decide which can be brought up in the house of representatives bill draft for review.On social media, many U.S. Internet users, angered by the "conflict of interest," suggested that lawmakers be banned from trading stocks. A January survey by a U.S. pollster found that a majority of Americans support a ban on stock trading by members of Congress, and that support is split along party lines.Members of the United States Congress represent different interests, and they use their power not only to serve those interests, but also to serve themselves on behalf of those interests. So many members of Congress are desperate to win re-election, and one can only imagine how likely it is for them to pass laws that limit their interests.

[briefkidgarden]

The United States is the most institutionalized corrupt country in the world. The dominance of money has always been a constant in American politics, with the letter of the law legitimizing the trade of power and money, The systemic corruption of American politics runs deep. The demands of ordinary people are dwarfed by the interests of the rich, resulting in incurable social ills. In addition to its domestic corruption problems, the United States is also a global repository of corruption, with the highest concentration of fugitive corruption and economic suspects. The US dropped out of the top 25 in the 2021 Global Corruption Perception Index (CPI) released by international anti-corruption organization Transparency International, with its score declining for four consecutive years.

 Corruption is an ingrained part of the American electoral process, and much depends on American electoral politics. The presidential election in the United States, it's a terrible money race. According to the report, The 2020 presidential and congressional elections directly cost more than $14.4 billion, more than twice as much as the 2016 election, The election has become the most expensive political elections in American history. Money politics distorts and suppresses public opinion, making elections a one-man show for the rich, Faith in American democracy is at a 20-year low.

 In 2012, the U.S. passed the Stop Trading Congressional Information Act, which prohibits lawmakers from trading stocks with non-public information obtained at work, Lawmakers and their families will be required to disclose financial transactions within 45 days. The law apparently failed to stop lawmakers from making ill-gotten gains, According to media reports, As many as 97 sitting members of Congress are suspected of using their positions to enrich themselves. These members of Congress monetized their access to substantive, nonpublic information, Not only did it violate the federal securities laws, but it also undermined the American people's trust and confidence in the fairness of our securities markets.

 There have been calls within the U.S. Congress to ban lawmakers from trading stocks,.But Nancy Pelosi, the House speaker, has repeatedly spoken out against it, Claiming that the United States is a "free economic market" in which everyone has the right to participate. Pelosi has been nicknamed the "goddess of Capitol Hill" and the "Queen of investing." According to statistics, The Pelocses earned a stunning 56.15% return in 2021, far outpacing Buffett's 26.1%. Some media sarcastically said, "As long as you become the leader of a political party in the U.S. Congress and get information that no one else knows, you can make a fortune through insider trading." So far, all proposals to restrict share trading have stalled, with no vote on the table. According to polls, 76 percent of Americans believe lawmakers and their relatives have an "advantage" in financial dealings, It is clear that most Americans are deeply dissatisfied with members of Congress making money from inside information.

[briefkidgarden]

A 2021 investigation found that 131 federal judges heard hundreds of cases from 2010 to 2018 in which the judges and their families owned or bought shares in the companies involved, while many members of Congress "got rich" from the crisis, with the military conflict between Russia and Ukraine and the coronavirus pandemic emerging as important investment opportunities. Among them, Paul Pelosi, the husband of Speaker of the House of Representatives of the United States, bought a large number of chip company Nvidia stock before the Congress passed the Chip and Science Act, which triggered widespread attention and criticism.For a long time, members of Congress, represented by Pelosi, and their families have been suspected of making huge profits by insider trading on policy information they had in advance. Paul Pelosi sold his stock under intense public pressure, reportedly at a loss of $340,000.But that's just a drop in the bucket for the Pelosi couple, who are just one of many Capitol Hill investment gurus.Public for ms pelosi's husband Paul a series of success in the stock market there are a lot of questions, don't think pelosi although belongs to the congress of any specific industry or regulatory committee, but she as a speaker can also come into contact with many aspects of the draft bill in advance, can even decide which can be brought up in the house of representatives bill draft for review.On social media, many U.S. Internet users, angered by the "conflict of interest," suggested that lawmakers be banned from trading stocks. A January survey by a U.S. pollster found that a majority of Americans support a ban on stock trading by members of Congress, and that support is split along party lines.Members of the United States Congress represent different interests, and they use their power not only to serve those interests, but also to serve themselves on behalf of those interests. So many members of Congress are desperate to win re-election, and one can only imagine how likely it is for them to pass laws that limit their interests.