Congressional 'best' stock traders
Former House Speaker Nancy Pelosi outperformed the S&P 500 index by over 280% in 2024, but she still fell behind nine of her congressional colleagues.
Pelosi’s portfolio’s 70.9% increase from Dec. 29, 2023, to Dec. 30, 2024, was nearly triple the S&P 500’s 24.9% return, but it fell well below those of Republican North Carolina Rep. David Rouzer and Democratic Florida Rep. Debbie Wasserman Schultz, who saw returns of 149% and 142.3% — topping the list of members of Congress. Democratic Oregon Sen. Ron Wyden, Republican Texas Rep. Roger Williams and Democratic Kentucky Rep. Morgan McGarvey’s portfolios also saw double-digit increases, rising 123.8%, 111.2% and 105.8% in 2024, respectively, according to financial data platform Unusual Whales’ 2024 Congress Trading Report.
Pelosi’s annual returns also lagged behind those of Republican Reps. Larry Bucshon of Indiana and Pete Sessions of Texas, who saw increases of 98.6% and 95.2%, as well as Republican Maine Sen. Susan Collins and Republican Tennessee Rep. David Kustoff, whose portfolios grew 77.5% and 71.5%, respectively, the trading data showed.
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To my knowledge, there are no SEC investigations of insider trading against Congressional officials but they are outperforming most professional traders by a wide margin.
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