Many US legislative authorities have achieved investment returns in equities in the last year which have been higher than the Growth of S&&&&& P500 index. But their market sandors have been contracting for many years.
Although S&P500 Index rose 24.9 percent over 2024 years, but the U.S. Congress members of the Republic stocks in the portfolios grew more over the same time, i.e.This is according to the Unusual Whales World Annual Report on American legislation legislators’ investments in the stock market .
The value of Republican Congressman David Rouzer’s portfolio grew the most his return reached 149 percent. Most of its portfolio is ETF, but it also has and Nvidia stocks.The other place was Debbie Schultz, Democrat member of Congress, whose portfolio has increased by 142.3 percent over the year.The third place was Democratic Senator Ron Wydena, who managed to achieve a 123.8 percent return rate.
Former Speaker of the House of Representatives Democrat Nancy Pelosi placed only the Tenth place in the 2024 year in the List.Its stock portfolio value rose 70.9 percent over the last twelve months. In the past years Pelosi was known for high return rates in the stock market.
Of the approximately 100 Congress members that have actively traded in stock in the last year, half of the have been beyond the S&&&&& P500 growth. Those which achieved particularly high returns tended to have a high proportion of technology and financial stock in the portfolios. What people have experienced “happy accidents”. For example, Republican Congressman Larry Bucshon’s stock portfolio grew 98.6 percent, while he was active in the stock of only one firm. The company in question was Trump Media && Technology Group, whose securities switched significantly after the U.S. presidential election.
“Members of Congress often own stakes in large technology companies that were the winners of the cycle.
