Keyword: insidertrading
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Washington is overrun with hacks who talk big about stopping corruption, but Sen. Bernie Moreno (R-OH) is putting his money where his mouth is, Breitbart News can exclusively reveal.Moreno signed on to cosponsor Sen. Josh Hawley’s (R-MO) landmark legislation to ban congressional stock trading, an issue many Americans believe to be among the most significant marks of public corruption in Washington.The PELOSI Act was reintroduced Monday, Breitbart News’s Elizabeth Weibel reported. The bill, formally titled the Preventing Elected Leaders from Owning Securities and Investments (PELOSI) Act, would “amend chapter 131 of title 5, United States Code, to prohibit transactions involving...
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Fox Business senior correspondent Charles Gasparino reported on Thursday that President Donald Trump’s administration is giving insider information to Wall Street executives about ongoing trade deals. Citing “senior Wall Street execs with ties to the White House,” Gasparino wrote on X that people within Trump’s administration have alerted business leaders about an “agreement in principle with India.” He further reported that the deal could be used as a template for other trade deals the administration is working on with Japan and other countries. Markets have taken sharp hits amid uncertainty surrounding Trump’s tariffs and trade deals. “People inside the Trump...
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First Adam Schiff, now New York Attorney General Letitia James. Letitia James is looking into possible insider trading in connection with President Trump’s 90-day tariff pause. CNN reported: New York Attorney General Letitia James is looking into potential insider trading by Trump administration officials and associates around last week’s 90-day tariff pause, James’ office confirmed to CNN on Monday. The review is in its earliest stages and is not yet a full investigation. It’s unclear if it will ultimately uncover evidence of wrongdoing. How is posting on social media considered ‘insider trading’? Last Wednesday President Trump took to Truth Social...
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Democrats insist that Congress investigate President Donald Trump's administration over its actions just before announcing a 90-day reprieve on his so-called retaliatory tariffs this week. Trump on Wednesday announced that every country except China would receive a 90-day delay on the tariffs, with a 10% baseline on countries subject to the pause. This was a reversal from top aides who had claimed there would be no negotiations. China faced a tariff of 125% from the United States before the White House announced on Thursday that the rate was 145%. The 90-day pause announcement led to a stock market surge, with...
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Moonbat Senator Adam Schiff (D-CA) has gone completely crazy after President Trump proved once again why it’s unwise to doubt him about the art of the deal. As The Gateway Pundit’s Cassandra MacDonald reported, Trump today announced an immediate tariff increase on China to 125%. He also granted a 90-day pause and tariff reduction to 10% for over 75 other countries. Trump announced the tariff change on Truth Social, writing that it was due to China’s “lack of respect for the World’s Markets.” An angry Schiff lashed out a few hours after Trump announced his new tariff policy. After receiving...
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As Wall Street heads into a new quarter, a flurry of President Donald Trump’s tariffs are set to go into effect. That has traders on edge and has helped put US stocks in their worst first-quarter slump in years.Wall Street has been rocked with volatility this year as Trump’s tariff proposals have kept investors in a cloud of uncertainty. The benchmark S&P 500 index is down 4.9% for the year, its worst start since 2022.US stocks were mixed Monday as traders tried to stage an afternoon rally. The Dow was up by around 430 points, or 1%, reversing course after...
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We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. Rep. Alexandria Ocasio-Cortez (D-NY) is calling out what she sees as a glaring problem in Washington — lawmakers profiting off the stock market while shaping the very policies that influence it. During a recent appearance on “The Weekly Show with Jon Stewart,” Ocasio-Cortez didn’t hold back on the issue of insider trading in Congress. “It's so crazy … People think that everyday people are stupid. I'm like, do you all really think that people...
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Obama's New Chief Of Staff Made Some Amazing Hedge Fund Investments At Citi Lisa Du Jan. 10, 2012, 3:50 PM Ever since it was announced that Jack Lew, current head of the Office of Management and Budget, would be President Barack Obama's new Chief of Staff to replace the departing William Daley, the media sphere has been abuzz with Lew's stellar political resume—having worked for several Congressmen and under both Bill and Hillary Clinton—and the fact that he is described as a "mild-mannered and steady technocrat," enjoying bi-partisan support. But the incoming chief has another facet to his work history—he's...
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Ex-House Speaker Nancy Pelosi’s husband made $38 million worth of stock trades in the weeks leading up to President Donald Trump’s inauguration — including an investment in a once-obscure artificial intelligence firm whose shares have soared nearly 50% in the past week. Paul Pelosi, the venture capitalist who is married to the Democratic lawmaker whose 11th congressional district encompasses San Francisco, sold $24 million worth of Apple stock as well as $5 million worth of shares in AI chip-maker Nvidia. Both of those lucrative transactions were executed on New Year’s Eve, according to government filings. Nancy Pelosi is legally required...
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Congressional Democrats appeared to greatly enhance their wealth in 2024, despite only earning a yearly salary of $174,000. Democrat stock portfolios in 2024 far outpaced the S&P 500, a study by Unusual Whales found Tuesday, spiking on average 31 percent, seven points higher than the S&P 500 (24 percent) and five points higher than Republican colleagues (26 percent). Unusual Whales estimated each member’s stock portfolio performance by calculating the value of each stock from the beginning of 2024 to the end of 2024. The biggest Democrat offender was Rep. Debbie Wasserman Schultz (D-FL), whose portfolio spiked 142 percent, the report...
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President Biden has declared his support for banning sitting members of Congress from trading stock — an eleventh-hour pivot after four years of silence over the controversy. “Nobody in the Congress should be able to make money in the stock market while they’re in the Congress,” Biden told the “More Perfect Union” podcast. “I don’t know how you look your constituents in the eye and know because of the job they gave you, gave you an inside track to make more money,” Biden said, adding: “I think we should be changing the law.” .....
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Brian Thompson, the slain CEO of UnitedHealthcare, was gunned down on Wednesday while top executives at his company have reportedly been under investigation by the Department of Justice (DOJ) for alleged insider trading and a monopoly. “Multiple senior executives at UnitedHealthcare have been under investigation by the Department of Justice, though it is not clear if CEO Brian Thompson was part of that investigation before his murder,” reported Fox Business. “There were reports that the executives were accused of insider trading and fraud, and last year the DOJ launched a probe into whether the nation’s largest insurer was unfairly restricting...
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Former Speaker of the House Nancy Pelosi has seen her financial portfolio soar to an all-time high, with her estimated net worth now reaching $264 million, according to recent reports. The significant growth in her wealth has reignited heated debates about the ethical boundaries of congressional investments, with critics questioning whether her political position has influenced her financial success. Pelosi, 83, has long been a polarizing figure in American politics. Her vast fortune, often attributed to shrewd investments in the stock market and real estate holdings, has made her one of the wealthiest lawmakers in Congress. However, as her net...
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Detectives investigating the murder of UnitedHealthCare CEO Brian Thompson reportedly found shell casings with the words 'deny', 'defend' and 'depose' inscribed on them. Police sources told ABC News that casings were found at the scene with the cryptic messages left on them. Detectives are now working to determine what the words mean and if they could possibly hint at a motive for the slaying of the 50-year-old. Officers are still searching for the unknown assailant who gunned down Thompson outside of the Hilton Hotel in Manhattan on Wednesday morning. Authorities say he fled the scene on foot before then making...
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UnitedHealthcare CEO Brian Thompson was one of several senior executives at the company under investigation by the Department of Justice when he was gunned down outside a Manhattan hotel on Wednesday. Thompson — who was killed in what police called a targeted shooting outside the Hilton hotel in Midtown — exercised stock options and sold shares worth $15.1 million on Feb. 16, less than two weeks before news of the federal antitrust probe went public, according to a Crain’s New York Business report from April. ... Earlier this year, UnitedHealth was hit by one of the largest healthcare data breaches...
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UnitedHealthcare CEO Brian Thompson was accused of insider trading and fraud by tghe Department of Justice before he was assassinated on Wednesday in Manhattan. Thompson, 50, was shot dead in what NYPD officials believe was a targeted attack as he exited the Hilton hotel before an investor conference. His killer remains on the loose. Last year the DoJ launched a probe into whether the nation's biggest insurer, led by Thompson, was unfairly restricting competitors and running a monopoly. The DoJ then filed a lawsuit in October naming Thompson and other executives, accusing the CEO of failing to tell investors about...
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Stock trading is such a huge part of congress. It shouldn’t be. I can’t wait to tell all these stories of corruption, treason and betrayal. Coming soon.
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Paul Pelosi, the husband of Rep. Nancy Pelosi (D-CA), sold between $500,000 and $1 million worth of Visa stock, according to public records, just weeks before the Justice Department launched a lawsuit against the credit card company on Tuesday. The finding raises concerns that many members of Congress trade stocks based on information unavailable to the public. Seventy-six percent of voters believe congressional members and their spouses have an “unfair advantage” in trading stocks. Paul Pelosi traded the stock before the DOJ launched a probe into Visa for allegedly monopolizing the debit card market, Bloomberg reported. The New York Post...
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during the Bush administration, Democrats accused the BLS of cooking the books to make Bush look good. Then under Obama, the accusation switched. It switched back again under Trump. Today, the estimate of new jobs created dropped by 818k. Biden and Harris cooked the books. This isn’t any different than Enron. They cooked the books during an election year to make themselves look good. The BLS went along with it. Shame on them. I was listening to the Joe Rogan/Peter Thiel podcast driving from Grand Marais to Duluth. I have to hop on a plane to Detroit. My mom is...
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Another Biden-Harris Bureau of Labor Statistics scandal. Three banks quietly obtained key payroll data from the BLS as it delayed posting the jobs report for 30 minutes due to ‘technical issues’ on Wednesday. Wall Street was thrown into chaos and there was confusion at trading desks on Wednesday morning after the BLS failed to post its jobs report revealing nearly 1 million jobs vanished in the last year. The BLS was supposed to post its report online at 10 am ET. The report wasn’t posted until 10:30 am ET, however, at least three banks obtained the key payroll data as...
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