Congressional Democrats' Stock Trading in 2024
Congressional Democrats significantly increased their wealth in 2024 through stock trading, outperforming the S&P 500 and their Republican colleagues. There is widespread support among Americans to ban members of Congress from trading stocks.
Key Points
- Democrats' stock portfolios outperformed the S&P 500 and Republican colleagues
- Big tech holdings like Amazon, NVDA, and META significantly boosted returns
- 86% of Americans support banning members of Congress from trading stocks
Pros
- Democrats saw substantial gains in their stock portfolios in 2024
- Widespread bipartisan support to ban members of Congress from stock trading
Cons
- Potential conflicts of interest as politicians hold stocks in companies they oversee
- Not all members of Congress outperformed the S&P 500