[Daily Mail, where America gets its news] Former House Speaker Nancy Pelosi is notoriously wealthy from making massive stock trades while in Congress, but she's not the only lawmaker cashing in.
Officially, lawmakers are not allowed to trade stocks using information learned on Capitol Hill. But that rule has been hard to enforce.
Congressional stock trades have caught the public eye since the pandemic, when some lawmakers raised eyebrows by selling shortly after closed-door COVID-19 briefings before the stock market crashed.
Pelosi, Rep. Josh Gottheimer, D-N.J., Rep. Dan Mueser, D-Pa., Sen. Rick Scott, R-Fla., and Rep. Marjorie Taylor Greene, R-Ga., for example, have all traded over a million dollars in securities this year, according to federal data compiled by politician trade tracker Quiver Quantitative.
In 2012, the Stop Trading on Congressional Knowledge (STOCK) Act was passed to force politicians to disclose their trades.
The act forces officials to publicly disclose their transactions valued over $1,000 within 30 days of receiving notice of the trade and 45 days of the date of the trade. However, it does not require members disclose the exact price of a trade but rather a range.
Members must report trades made by themselves, their spouse or dependents - and the transparency law has led to a wealth of information about top politicians' pricey portfolios which can reach up to the tens, if not hundreds, of millions.
DailyMail.com breaks down the top stock trades made by politicians so far in 2024:
- Nancy Pelosi: $4 millionRep. Josh Gottheimer: $46.2 million
- Sen Rep. Dan Meuser: $1.2 million
- Rick Scott: $26.4 million
- Rep. Marjorie Taylor Greene: $1.3 million
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