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government trading

The Government Trading Report

market & industry analysis Dec 18, 2022

It is generally illegal for government officials to use inside information for personal gain, including buying or selling stocks. Using inside information for personal gain is a form of insider trading, which is a violation of federal securities laws.

Insider trading can result in criminal penalties and fines, as well as damage to the individual's reputation and career.

However, while this is 100% true, many government officials have caught the attention of investors recently as they've "toed the line" on what insider trading is/isn't. 

Therefore today we're going to show a brief glimpse into some of the government officials who are buying and selling stocks where there is a clear conflict of interest or they have information that the rest of us seemingly don't.

In any case, this information is just the tip of the iceberg and is constantly being updated on a daily basis.

If you want to use our daily government training tracker, just click here to use it via our app!


Trading Overview:

So as we mentioned, here's just the tip of the iceberg. Let's dive into 3 clear examples of what should probably be seen as illegal or highly unethical.

  1. Alan Lowenthal: Alan is in the U.S. House of Representatives representing California's 47th District. Alan also sits on the House Committee on Transportation and Infrastructure (T&I). While in isolation that doesn't mean much. It does actually end up meaning a lot because he recently bought $50 Million of Blackstone's corporate debt.  And when looking deeper into Blackstone's business we see has an entire arm that invests in infrastructure. Taken straight from their site, "We invest in Core+ and Core infrastructure assets principally in the U.S. Our goal is to leverage Blackstone’s scale and value-add mindset to drive value creation and economic growth." What this means is that Blackstone's operations are highly influenced by what this committee passes. Therefore by investing in their debt, Alan is able to impact their business in a way that is a clear conflict of interest.
  2. David Madison Cawthorn: David Madison Cawthorn is an American politician who has served as the U.S. representative for North Carolina's 11th congressional district since 2021. He recently bought and sold crypto (we ironically can't see which ones). But what we can see is that he is voting on the bill, "Prohibiting IRS Financial Surveillance Act". This bill prohibits the Department of the Treasury from requiring a financial institution to report the transfers into and out of a financial account -- which is a massive use case of crypto. If David is buying a currency that bypasses this requirement, this is another example of a clear conflict of interest.
  3. John Hickenlooper: John Wright Hickenlooper Jr. is an American politician serving as the junior United States senator from Colorado since 2021. He recently bought and sold Formula One's stock while he’s voting on a bill where outdoor recreation is held/operated. Therefore he is a direct inside view as to where these events are held/operated. Once again another clear violation.

Long story short, this is just the tip of the iceberg. Congressmen/woman are clearly acting with a conflict of interest. And as investors, it's very beneficial to see this information to use this as an advantage!

If you want to use our daily government training tracker, just click here to use it via our app!