Both Democrat and Republican lawmakers on average beat the stock market again in 2022, according to Unusual Whales’ annual report.
Despite the stock market having one of the worst years since 2008, lawmakers were able to avoid huge losses in 2022. While the total value of stocks traded shrunk, some politicians, such as far-left Rep. Ro Khanna , made more than 5,700 trades in 2022, the report shows.
“House Republicans disclosed 1000+ less trades in 2022 compared to the year before. While House Democrats disclosed 1,000+ more trades in 2022 compared to 2021,” the analysisThe second and third highest volume traders were two House Republicans: Republican leader on Foreign Affairs Committee Rep. Michael McCaul with over 1,600 transactions totaling $176 million, and House Homeland Security member Rep. Diana Harshbarger with over 1,000 transactions totaling $21 million.
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