• LifeInMultipleChoice@lemmy.world
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        5 days ago

        Info he’s referring to: Rep. David Rouzer (R-NC): 149.0% Rep. Debbie Wasserman Schultz (D-FL): 142.3% Sen. Ron Wyden (D-OR): 123.8% Rep. Roger Williams (R-TX): 111.2% Rep. Morgan McGarvey (D-KY): 105.8% Rep. Larry Bucshon (R-IN): 98.6% Rep. Pete Sessions (R-TX): 95.2% Sen. Susan Collins (R-ME): 77.5% Rep. David Kustoff (R-TN): 71.5% Rep. Nancy Pelosi (D-CA): 70.9%

        149% in a year, that’s wild. Must have owned mostly NVidia

        • CharlesDarwin@lemmy.world
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          5 days ago

          Yeah, you only get those kinds of numbers (usually) from something like crypto - of course, it could easily swing the other way, since it tends to be extremely volatile.

          The article says this:

          Rep. David Rouzer’s impressive returns in 2024 were a result of shares of Nvidia, Mastercard (NYSE:MA), and Visa (NYSE:V) and other funds he’s held for years, according to Unusual Whales.

          By the way, my comment that she’s #10 is not meant to make an excuse for her. Just because she was beat by 9 others doesn’t make it right…in fact, it’s still quite infuriating and most Americans support putting an end to this insider trading.

          • LifeInMultipleChoice@lemmy.world
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            4 days ago

            Well the truth is likely different than people want to hear. Every trade over $1000 dollars has been reviewed by an ethics committee since the stock act was passed back in 2012. It made sure Congress members trading with insider information was a crime. Aka, everyone who’s bitched about insider trading since 2012 has been going off their feelings of how it’s unfair rich people can make money off the insane amounts of money they have.

            https://www.congress.gov/bill/112th-congress/senate-bill/2038