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Cory Booker Fresh, who proved that he was capable of going 25 hours without a bathroom, “required” to investigate Trump’s White House insider trading.
Booker argued that when the president declared a probation from the imposition of severe tariffs, Stocks soar Based on record numbers, Trump or his White House colleagues may trade news, thus gaining illegal gains from big moves in the market.
this New Jersey Senator There is no career evidence that anyone in the Trump camp bought stocks before the big announcement, but Booker quickly turned into Democratic politics PT Barnum, looking for demonstrators – the facts are dysfunctional.
Cory Booker on whether he should be the next leader of the Democratic Party: “It’s time for us all’
Asked in the press that if Democrats had any evidence of wrongdoing, Booker first avoided the issue and said, “There are enough crimes here, there are enough smoke here, and the Congressional hearing should be called for.” So, there isn’t.
Frankly: Booker and his fellow Democrats are angry, and this is a response to temporary tariff disruption thriving. They and their media allies have been working overtime to scare odd voters and predict that Trump’s trade move will make our economy fishing. The booming market feeds their narrative. Senate Minority Leader Chuck Schumer and others not only assured Trump will drive us into recession, but also suggested that his efforts to make global transactions more favorable to U.S. companies will undermine the dollar’s position as a global reserve currency.
Democrats are not afraid that Trump will fail. They panic and he might actually succeed.
Booker recently made headlines by breaking the longest record of Senate Phoebest (Cenat) ever. South Carolina Sen. Strom Thurmond held in the Senate for more than 24 hours in 1957 to prevent the passage of the Civil Rights Act; Booker surpassed his feat, protesting not the bill, but everything related to President Trump. It’s lame, but he gets a lot of publicity and it’s obviously important that Democrats gasp into his party’s presidential candidate. Now he is attending his next show.
Despite the lack of evidence of wrongdoing, several Democrats in the House led by Maxine Waters wrote to SEC Chairman Paul Atkins and other officials in response to calls for an insider trading investigation. Someone should tell the Democrats: Be careful what you want. If Republicans in the House investigated the transactions of non-public information, what they found was an embarrassment against Booker’s party.
Many have questioned the obvious trading expertise of former House Majority Leader for years Nancy Pelosihe seems to have an incredible trick to defeating the market. For example, according to trading platform Autopilot, Nancy Pelosi’s Nancy Pelosi Tracker earned 54%, beating almost every hedge fund, but capital increased by 59% in a mild year. As one reporter described Pelosi’s feat: “It’s worth noting that it even beats the countdown inventory tracker, designed to be completely opposite [CNBC’s] Jim Cramer’s stock pick itself achieved a 43% increase in 2024.
We can follow Pelosi’s trading, and the act passed the stock act in 2012 due to the Stock Act passed by the Stock Act in 2012, which requires lawmakers to report stock or bond transactions within 30 to 45 days if such transaction volume exceeds $1,000. As lawmakers reveal investment decisions, the public can continue to invest in ETFs created by platforms such as Abnormal Whale. If you like what Democrats buy (or are sure they have “special knowledge”), you can buy Nanc; if you like the Republican approach, an ETF with the symbol kruz is for you.
There have been calls for investigation for years Portfolio Mobile Produced by members of Congress. Nancy Pelosi, who has a net worth of about $250 million with her venture capital husband Paul, has been under special scrutiny. But not only her stock deals are worth scrutinizing. Most of her portfolio activities include buying and selling options, which adds red flags. Stocks trade securities and phone calls for a variety of reasons, including hedging, but such trading is usually short-term. For long-term investors, they are not tools of choice. Instead, they are the preferred vehicles for those who trade breaking news, or know that recent events may cause stocks to rise or fall.
For example, Investopedia reported that in November 2023, “Pelosi bought 50 NVIDIA stock phone options for exercise price of $120, worth between $1 million and $5 million, to the expiration date of December 20, 2024.” Her timing was impeccable. NVIDIA shares sold around $40 in early November; six months later, as major AI policies rolled out from the Joe Biden White House, the fee reached $90. A year later, it traded for about $140.
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Despite Congress passing the Stock Act, it has not prevented legislators from using privileged information, although normal insider trading rules apply to them like other publics. To be fair, both Republicans and Democrats are suspected of conducting illegal transactions.
In recent years, many people have called for a ban Stock Trading By members of Congress. Not surprisingly, the calls were not answered. Employees at large banks are banned from trading stocks because they have access to non-public information. The same is true for lawmakers, who often pass bills that may affect future results for the company.
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A recent Gallup poll on the topic asked, “How much trust and confidence do you have in the legislative department at the moment?” Only 4% responded to “big deals” while 30% responded to “a considerable amount.” Banning stock trading can be a good call.
Meanwhile, Cory Booker may want to investigate his colleagues before conducting a broad review of stock trading by elected officials. And, develop policies that help his constituents rather than titles.
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