An Unlikely Duo in Congress Aims to Ban Lawmakers From Buying Individual Stocks: Here's How Lawmakers Can Still Get Rich
Congressional Outperformance on Wall Street
Members of Congress have shown impressive returns compared to the S&P 500, with reported gains of up to $1 billion in stock and options trades last year.
An Alliance to Ban Stock Trading
Senators Gillibrand and Hawley have introduced a bill to prohibit individual stock trading for lawmakers, the president, and other officials, citing potential conflicts of interest.
Riding the S&P 500 for Wealth Growth
The S&P 500 has a solid track record of positive returns, averaging close to 10% annually with all 105 rolling 20-year periods showing profits, making index funds like Vanguard S&P 500 ETF a viable wealth-building option.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.