“Republican Rep. Austin Scott of Georgia reported buying and selling up to $45,000 worth of stock in General Electric in late 2020 (while a member of Congress — he’s also on the House Armed Services Committee; GE makes defense equipment). A spokesperson for the six-term lawmaker, Rachel Ledbetter, said Scott and his wife "own stocks like millions of American families do.”
But do they do insider trading? Yes.
@Coctaanatis
“Congressman Austin Scott is catching the eyes of investors today following a report on how well politicians’ stocks did compared to SPDR S&P 500 ETF Trust (NYSEARCA:SPY) in 2021.”
Corrupt. Surprise me.
https://finance.yahoo.com/news/austin-scott-stocks-reddit-post-183051921.html