US Congress Members Outperform S&P 500 in 2023 Stock Trading

2023 was a strong year for the US stock market, with the S&P 500 gaining 24%, the Dow Jones Industrial Average rising by 14%, and the Nasdaq Composite soaring by 43%. A report revealed that 33% of trading members of the US Congress outperformed the S&P 500, with Democrats surpassing Republicans. Concerns were raised about unusual trades and conflicts among members, and calls were made to extend trading restrictions to congressional staff and other branches of the government. Efforts to pass legislation to curtail such activities have faced obstacles.

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