Scott Bessent Calls Out Congressional Trading Amid Record-Bullish US Equity Bets
Treasury Secretary Scott Bessent has renewed his name to finish congressional inventory buying and selling, highlighting outsized returns by lawmakers that far outpace market benchmarks. In 2024, Senate Finance Committee Chair Ron Wyden’s portfolio surged 123.8%, in contrast with the S&P 500’s 24.9%, whereas Speaker Nancy Pelosi’s portfolio returned 70.9%. Bessent Urges End to Congressional…
