Showcasing the Stocks Traded by Congress Members' Portfolios
In an extensive investigation, The New York Times analysed thousands of stock transactions made by members of the U.S. Congress and their families between 2019 and 2021. The investigation revealed potential conflicts of interest, such as trades in companies that Congress members might have had sensitive information about or influence over through legislation.
The Times' visualizations provide filters by member, stock, sector, and timing to explore these transactions. The visualizations show the political affiliation of representatives and senators who traded stocks or had an immediate family member do so. However, they do not provide information on the specific stocks traded, the financial gains or losses resulting from the trades, or the criteria used to determine a potential conflict of interest.
The visualizations also focus on representatives whose work on a congressional committee may have given them insight into companies represented in the trades. Unfortunately, they do not specify the number of representatives whose work on a committee might have given them such insight.
According to the visualizations, 35 percent of Congress reported trading stocks, and 18 percent reported a potential conflict. It's important to note that the visualizations do not provide information on any investigations or actions taken regarding the stock trades by members of Congress.
While a detailed breakdown with exact figures, names, or trade counts cannot be provided due to the lack of specific data, this article serves as a summary of how such data has generally been presented by The New York Times. For a more in-depth look at the investigation and its interactive visuals, you can visit The New York Times' website directly.
- The investigation by The New York Times highlighted the intersection of politics and investing, as they analyzed stock-market transactions made by members of the U.S. Congress and their families.
- The stock-trading activities of members of Congress and their families raised questions about policy-and-legislation, as potential conflicts of interest were identified in trades of companies that they might have had sensitive information about or influence over.
- The investigation also revealed that a significant portion of Congress reported investing in the stock-market, with 35 percent trading stocks and 18 percent showing signs of a potential conflict of interest, but lacked specific details such as financial gains or losses, criteria used for conflict determination, or the number of representatives whose work on a committee might have influenced these trades.
