“Last year, Josephs noticed that the trades, actually made by Pelosi’s investor husband and merely disclosed by the speaker, were performing well.”
Members of Congress filed more than 4,000 trading disclosures this year, covering at least $315 million. Retail investors now get push alerts when they land. A professor’s research says the market moves on them, because investors assume lawmakers know something. When the public treats Congress as an insider tip line, the problem is not the TikTokers.