Scott Bessent says Congress’ stock returns ‘would make hedge funds jealous,’ urges ban

Scott Bessent, the Treasury Secretary, said on Wednesday that members of Congress should be banned from trading individual stocks, according to Bloomberg. He pointed to what he described as “eye-popping” profits made by lawmakers, claiming their gains were better than most hedge funds. He specifically named Nancy Pelosi and Ron Wyden while calling out the […] source: https://www.cryptopolitan.com/scott-bessent-congress-stock-trading-ban/