Given what's broadly hinted in this article, there's no reason to pay Congressmen and Senators a salary.
Young investors have a new strategy: watching financial disclosures of sitting members of Congress for stock tips.
Among a certain community of individual investors on TikTok, House Speaker Nancy Pelosi's stock trading disclosures are a treasure trove. "Shouts out to Nancy Pelosi, the stock market's biggest whale," said user 'ceowatchlist.' Another said, "I've come to the conclusion that Nancy Pelosi is a psychic," while adding that she is the "queen of investing."
"She knew," declared Chris Josephs, analyzing a particular trade in Pelosi's financial disclosures. "And you would have known if you had followed her portfolio."
Last year, Josephs noticed that the trades, actually made by Pelosi's investor husband and merely disclosed by the speaker, were performing well...--NPR (!!!!)
They can live on their cap-gains! They don't need a salary.
By the way, Pelosi's HUSBAND makes all the trades. She knows nothing. Wink Wink Wink
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