Roll Call: Latest News on Capitol Hill, Congress, Politics and Elections
October 21, 2014

Members of Congress Buying and Selling Stocks

petri 064 071012 445x295 Members of Congress Buying and Selling Stocks

Rep. Tom Petri

 

Members of Congress continue to report their periodic stock transactions as required by the Stop Trading on Congressional Knowledge (STOCK) Act. Meanwhile the House Ethics Committee is still looking into a member’s stock purchases in a company that would benefit from legislation being considered by his subcommittee, as well as actions the Congressman took to help a company he invested in to retain a billion dollar defense contract.

The House Ethics Committee is still investigating the actions of Rep. Tom Petri, R-Wis., in regards to his stock purchases in Plum Creek Timber, and his actions in support of defense contractor Oshkosh. Petri, himself, had requested the committee review the matter.

Here are some of the larger transactions by members of Congress.

Sen. Mark Warner, D-Va., the third richest member, reported he purchased $500,001 to $1 million of Alexandria RC Investors LLC on 1/21. He also sold $1 million to $5 million of EJF Select Fund LP on 1/11. He also sold $1 million to $5 million of Ramsey Long Biased Fund LP on 1/22.

Rep. John Delaney, D-Md., the 6th richest member, reported he sold $1 million to $5 million in stock of CapitalSource Inc. on 3/3 and the same amount again on 3/4. On each of three days, 2/26, 2/27, and 2/28 he also sold $1 million to $5 million of CapitalSource Inc.

Rep. Diane Black, R-Tenn., the 14th richest member, reported her spouse purchased $1 million to $5 million of BBH Limited Duration on 2/27. During January he purchased $450,004 to $950,000 of BBH Limited Duration. He also purchased $250,001 to $500,000 of Artisan Funds Inc. Int’l. on 2/27.

Rep. Jared Polis, D-Colo., the 7th richest member, reported he purchased $1 million to $5 million of iShares ETF Russell 3000 on 2/3.

Sen. Pat Roberts, R-Kan., reported his spouse sold $100,001 to $250,000 of Apple Inc. on 1/28.

Sen. John D. Rockefeller IV, D-W.Va., the 5th richest member, reported his spouse bought and also sold $250,001 to $500,000 of PepsiCo. Inc. on 2/19.

Rep. Scott Peters, D-Calif., the 8th richest member, reported his spouse sold $250,001 to $500,000 of PMFG stock on 2/4. In January his spouse sold between $217,005 and $580,000 of PMFG Inc. On 2/1, he sold $250,001 to $500,000 of Los Angeles, CA Sanitation Equip. Bonds on 2/1.

Rep. Richard Hanna, R-N.Y., the 25th richest member, reported he purchased $100,001 to $250,000 of Goldman Sachs Groups on 2/26.

Sen. Tom Coburn, R-Okla., reported he sold $100,001 to $250,000 of Priceline stock on 2/10.

Rep. Alan Grayson, D-Fla., the 21st richest member, reported he sold $100,001 to $250,000 of Yamana stock on 2/19.

Rep. Suzan DelBene, D-Wash., the 16th richest member, reported she and her husband purchased $100,000 to $250,000 of Goose Creek Consl 2% GO due 2/15/40 on 2/4.

See earlier posting of stock transactions.

  • Jack Everett

    Insider trading with congress is one of the big failings with our economy and our corporate supreme court is no better.

  • Jenny Mcdonne

    If there are any traders out there trading the Forex I wanted to warn you don’t
    waste your time I’ve been trying to make money with it for years! Go to the
    website Gold Trading Academy and get into trading the futures instead it’s much
    better now I’m making money trading and very happy.

  • Yonatan YONATAN

    Those people who think that the unemployed are “lazy”, and prefer collecting unemployment benefits, have no clue of the reality facing these families. Most of these people had long term employment, and had families to support. The majority of them are “older” Americans, who had worked for many years, paying into the system, should they become unemployed, and needed financial assistance. These workers through no fault of their own, found themselves victims of corporate downsizing, and were laid off from their jobs. Given the current economic recession, they have had a particularly difficult time finding employment. Also, many companies are not motivated to hire “older” workers, due in part of the higher cost of health care insurance for older workers. Older workers, just on the basis of their age, would be placed in a “higher risk” group, which would affect the potential employer’s bottom line cost. As we all know, it’s all about profit and “the bottom line”. Since last December, more than 2.6 million workers have been without unemployment benefits. The republican senate has held the extension bill “HOSTAGE”, in the hopes of getting the XL Oil Pipeline passed by the president. This has NEVER been about these unfortunate families, but only about pleasing the lobbyist for whom they truly serve. While the republicans continue playing “party politics”, and using these families for political leverage, and as bargaining chips, these families have had to face evictions, home foreclosures, personal bankruptcy, and homelessness. Most of them have watched their credit being destroyed, because of lack of money to pay their bills on time, or at all. How many more families have to become homeless and destitute before the senate finally PASSES the extension bill? This truly is a national crime against the American family. While the politicians live their affluent and privileged lifestyles, with all the perks of office, these families continue to suffer and struggle to eat and to live

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