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Chris Collins is out of prison – but other allegations of insider trading swirl in Congress


WASHINGTON – Weeks before two Georgia runoff elections that will decide which party controls the U.S. Senate, Democrats were hammering Sens. David Perdue and Kelly Loeffler over stock trades that, to critics, seemed suspiciously well-timed – and not entirely unlike the ones that landed former Rep. Chris Collins in federal prison.
The Justice Department investigated Perdue for insider trading! noted an ad from a Democratic Super PAC.
Corrupt stock trades! proclaims another Democratic Super PAC ad attacking Loeffler.
In fact, federal investigators dropped their probes into Perdue s stock trades, as well as Loeffler s – but the duo from Georgia are by no means alone among senators whose trading habits raised suspicions this year. Similar allegations swirled around Sens. James Inhofe, an Oklahoma Republican, and Dianne Feinstein, a California Democrat, but investigators dropped their probes of those two senators, too. And Sen. Richard Burr, ....

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The Finance 202: U.S. wealth just hit a new record, even as more people steal in order to eat


The Finance 202: U.S. wealth just hit a new record, even as more people steal in order to eat
Tory Newmyer
with Brent D. Griffiths
Americans collectively are richer than ever and getting more so. That fact would come as a surprise to tens of millions, including those who now have to steal to eat.
But the bottom line for the total household net worth in the United States continues to swell: It rose 3.2 percent in the third quarter to $123.5 trillion, a Federal Reserve report showed Thursday. The surging stock market accounted for most of the gain, padding overall wealth by $2.8 trillion over the three-month period. Rising real estate values and increased savings contributed, too. ....

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Lawmakers with stock holdings vote in ways that juice their portfolios, data show

Lawmakers with stock holdings vote in ways that juice their portfolios, data show
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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POLITICO Playbook PM: Will we have a Capitol Christmas?


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Negotiators and Hill leaders are trying to have the Covid stimulus bill ride on the government funding package, which comes due Dec. 18. | Susan Walsh/AP Photo
IT LOOKS LIKE WE’LL END THIS YEAR with a Christmas season in Washington, because Congress needs to resolve its intractable differences to notch a Covid relief deal for a country that’s desperate for it. ....

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