Government Official’s Stock Transactions Brought Into the Light

Image Credit: Katerina Athanasaki via Flickr. Article by Paul Hoffman, Managing Editor, Channelchek. Channelchek – October 20, 2022.

Investments of Washington’s Powerful Pieced Together

Top federal employees in the U.S. are required to disclose their trading activities. The disclosure must be made within 30 days of executing a transaction. And annually by May 15 of the following year. Over 2500 government officials report transactions each year, often trading in companies that lobby their department for the company’s financial benefit. Where are these disclosures? The government doesn’t maintain a public database of mandatory disclosures. Fortunately, the pieces can be made available and, although a huge undertaking, can be pieced together. The Wall Street Journal did this when they performed their Capital Assets Investigation by analyzing 12,000 federal officials’ financial disclosures. Some may not find the outcome comforting. […]

Click here to view original web page at www.channelchek.com