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kentuck

(115,683 posts)
Wed May 27, 2026, 07:28 AM 10 hrs ago

What % of Congress is involved in "insider trading" on the stock market?

I have no facts, but I sense that it is almost every one of them, Democrats and Republicans. That is the primary reason they are hesitant to call out Donald Trump for his crimes and grifting. Because they have their own little side deals going. They all want to be millionaires. Most of them have already made it.

The rotten apple in the basket has made the entire basket inedible.

This is one of those mornings where my heart tells me that we need to change directions. If Al Capone were reincarnated and ran for President, Democrats would have a hard time beating him, in my opinion. He would call them sex-changing mutilationists who want to change the sex of your children. The Party of transsexuals.

And the Democrats would have no response... as voters would carry that question to the polls. We would assume that people would know better than to believe such demagoguery. But, do they?

Surely there is something the Democrats could say?

And what does any of that have to do with "insider trading"?

I will repeat my first comment. I have no facts.

Good people are losing to criminals and morons.

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What % of Congress is involved in "insider trading" on the stock market? (Original Post) kentuck 10 hrs ago OP
"It's a big club, and you ain't in it." n/t flvegan 9 hrs ago #1
Probably a clear divide Johnny2X2X 9 hrs ago #2
Thanks to the STOCK act you can make a decent estimate EdmondDantes_ 8 hrs ago #3

EdmondDantes_

(2,120 posts)
3. Thanks to the STOCK act you can make a decent estimate
Wed May 27, 2026, 09:08 AM
8 hrs ago
https://campaignlegal.org/sites/default/files/2025-11/Congressional%20Stock%20Trading%20by%20the%20Numbers%20-%20119th%20Congress.pdf

48% own individual stocks. 46% own shares in an investment fund, 1% have a blind trust (the number in the article is 2% but that math doesn't check out as it's 6 out of 535 so 1.1% and the rest don't own any stock. I don't have time at the moment to go down the list to determine the partisan breakdown of who owns individual stocks versus has investments in a 401k or the like that's widely spread. Overall it's 59% of Republicans and 41% of Democrats own some stock. And you'd have to do more digging to look into those who own individual stocks is it a long held investment, how much is it (owning a single share versus buying 3,000 shares at a convenient time), etc to determine if it's something that looks like insider trading.

I think Republicans aren't calling him out because they are afraid of losing primaries, and Democrats because there's an infinite number of things to call him out on, and for whatever reason, enriching himself has never really stuck to him probably because it's part of his brand. But I've seen Elizabeth Warren and Andy Kim call him out on it. So it does happen. But my guess is the thought is stuff like the economy, ICE raids, the war in Iran all have more resonance with the public.
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