These ETFs Track Congressional Stock Trades for Democrats and Republicans. Time to Buy?
It's no secret: Members of Congress often buy and sell stocks, just like the rest of us. But while most of us have no inside information on the companies whose shares we buy or sell, U.S. representatives and senators often do have such information. They're also often lobbied by such companies, to vote for or against this or that. It all adds up to a meaningful conflict of interest, which is why some have called for a ban on Congressional trading.
In the meantime, though, whether you think it perfectly fine or troubling, federal legislators continue to trade. And now, if you want, you can trade along with them.
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