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The 2020 congressional insider trading scandal was a political scandal in the United States involving allegations that several members of the United States Senate violated the STOCK Act by selling stock at the start of the COVID-19 pandemic in the United States and just before a stock market crash on February 20, 2020, using knowledge given to them at a closed Senate meeting.
The STOCK Act was modified on April 15, 2013, by S. 716. This amendment modifies the online disclosure portion of the STOCK Act, so that some officials, but not the President, Vice President, Congress, or anyone running for Congress, can no longer file online and their records are no longer easily accessible to the public.
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For many of us, buying and selling stocks are occasional events. Others, however, engage in the event as frequently as every month or even more. Rep. Marjorie Taylor Greene, the Republican ...
The Saudi government owns or has significant stakes in a vast number of companies spanning various industries such as energy, banking, telecommunications, infrastructure, healthcare, and more. There are well over 150 government-owned or partially state-owned companies in Saudi Arabia, reflecting the government's strategic role in the economy ...
While Greene paid more for Costco stock, many analysts believe that the stock has additional room to run. Oppenheimer and Evercore ISI, for example, have price targets of $980 and $990, respectively.
Moynihan worries that Musk and his group, not really public officials, had been able to access sensitive government data, and that Congress had very little ability to monitor and intervene. He also added that "Musk's access to Treasury payment systems could give him undue influence over the federal budget at a time when there is a looming debt ...
Bipartisan bickering has led to increasing discussion of a government shutdown. Fortunately, Democratic lawmakers managed to avert the shutdown just before a key Dec. 3 7 Stocks to Buy If the ...