Top Favorite Stock Holdings of Congress

Why aren’t congressional members required to put all of their stock holdings into a blind trust?

Why can’t insider trading by Congressional members be banned?

How can elected officials do “the people’s business” when they are too busy running around trading on the votes they are about to cast?

How one earth can we ever get fair outcomes of issues involving finance, healthcare, or energy when the members so personally have a monetary stake in an outcome they may or may not be in the public interest?

Why aren’t these people in jail?

~~~

1. General Electric (GE)

Members invested: 75
Total value of holdings (max.): $11.41 million
Total value of holdings (min.): $3.58 million

Top Congressional Investors
Darrell Issa (R.-Calif.) – $1 million to $5 million
John Kerry (D.-Mass.) – $616,004 to $1.315 million
Michael McCaul (R.-Texas) – $400,003 to $850,000

2. Procter & Gamble (PG)

Members invested: 62
Total value of holdings (max.): $39.42 million
Total value of holdings (min.): $8.72 million

Top Congressional Investors
Rodney Frelinghuysen (R.-N.J.) – $7.07 million to $35.15 million
Michael McCaul (R.-Texas) – $200,002 to $500,000
James B. Renacci (R.-Ohio) – $180,485 to$222,482

3. Bank of America (BAC)

Members invested: 57
Total value of holdings (max.): $5.41 million
Total value of holdings (min.): $2.83 million

Top Congressional Investors
Rodney Frelinghuysen (R.-N.J.) – $1.02 million to $1.08 million
John M. Spratt Jr. (D.-S.C.) – $500,001 to $1 million
Dianne Feinstein (D.-Calif.) – $500,001 to $1 million

4. Microsoft (MSFT)

Members invested: 56
Total value of holdings (max.): $6.43 million
Total value of holdings (min.): $3.22 million

Top Congressional Investors
John Kerry (D.-Mass.) – $1.77 million to $2.55 million
Michael McCaul (R.-Texas) – $515,003 to $1.05 million
Jane Harman (D.-Calif.) – $130,003 to $350,000

5. Cisco Systems (CSCO)

Members invested: 56
Total value of holdings (max.): $3.24 million
Total value of holdings (min.): $1.27 million

Top Congressional Investors
John Kerry (D.-Mass.) – $602,005 to $1.28 million
Richard L Hanna (R.-N.Y.) – $100,000 to $250,000
Jane Harman (D.–Calif.) – $100,000 to $200,000

6. Pfizer (PFE)

Members invested: 51
Total value of holdings (max.): $4.61 million
Total value of holdings (min.): $2.04 million

Top Congressional Investors
John Kerry (D.-Mass.) – $752,004 to $1.53 million
F. James Sensenbrenner Jr. (R.-Wis.) – $507,005 to $1 million
Kurt Schrader (D.-Ore.) – $265,002 to $550,000

7. Intel (INTC)

Members invested: 47
Total value of holdings (max.): $3.21 million
Total value of holdings (min.): $1.28 million

Top Congressional Investors
John Kerry (D.-Mass.) – $602,005 to $1.28 million
Michael McCaul (R.-Texas) – $200,002 to $500,000
Jane Harman (D.-Calif.) – $130,003 to $350,000

8. Wells Fargo (WFC)

Members invested: 45
Total value of holdings (max.): $4.28 million
Total value of holdings (min.): $1.71 million

Top Congressional Investors
John Kerry (D.-Mass.) – $351,003 to $765,000
Sander Levin (D.-Mich.) – $250,001 to $500,000
David Vitter (R.-La.) – $126,007 to $365,000

9. AT&T (ATT)

Members invested: 44
Total value of holdings (max.): $4.08 million
Total value of holdings (min.): $2.23 million

Top Congressional Investors
John Kerry (D.-Mass.) – $1.52 million to $2.07 million
F. James Sensenbrenner Jr. (R.-Wis.) – $105,877 to $255,876
Richard L Hanna (R.-N.Y.) – $100,001 to $250,000

10. Exxon Mobil (XOM)

Members invested: 42
Total value of holdings (max.): $11.09 million
Total value of holdings (min.): $2.74 million

Top Congressional Investors
John Carter (R.-Texas) – $1 million to $5 million
F. James Sensenbrenner Jr. (R.-Wis.) – $551,185 to $1.05 million
Michael McCaul (R.-Texas) – $500,002 to $1 million

Sources: Open Secrets, CNBC,

Print Friendly, PDF & Email

What's been said:

Discussions found on the web:

Posted Under

Uncategorized