Several members of Congress have faced scrutiny for alleged insider trading, particularly during the early stages of the COVID-19 pandemic. Here are some notable cases:
Senator David Perdue (R-GA): He made numerous stock transactions, including buying stock in a company that produces personal protective equipment2.
Senator Richard Burr (R-NC): He stepped down as chairman of the Senate Intelligence Committee after the FBI seized his cellphone as part of an investigation into his stock trades. Burr sold a significant amount of stock following a closed-door briefing on the coronavirus12.
Senator Kelly Loeffler (R-GA): She and her husband made numerous stock transactions after a Senate briefing on the pandemic. Loeffler denied any wrongdoing, stating she was not involved in the decisions12.
Senator Dianne Feinstein (D-CA): Feinstein’s husband sold millions in stock after the same briefing. Feinstein claimed she was not involved in her husband’s investment decisions12.
Senator Jim Inhofe (R-OK): He was also investigated but claimed he did not attend the briefing and was not involved in his stock trades12.
Now Florida Congressman Byron Donald is the latest casualty to this list of violators. According to an article written by: https://www.msn.com/en-us/money/markets/rep-byron-donalds-didn-t-properly-disclose-up-to-1-6-million-in-stock-trades-violating-federal-law/ar-AA1q4sre?ocid=socialshare&pc=HCTS&cvid=750134b5ec2b4ac891dbef00394889d2&ei=13#image=6.
Donald is a member of the House Financial Services Committee which gives him first-hand knowledge of the financial markets and their standing. He just like so many other members of the Committee and the Congress are using the numbers and the data that continue to manipulate the public. These are crimes that are not being prosecuted that should. He just like the others should be prosecuted and jailed. Had the watchdog group that pushed this to be acted upon we the public would have never known. It is not only him but his wife is a part of this as well. She too looks like she is providing cover to cover up the crime. This is according to the article but the evidence looks over whelming to be a crime. Donalds and his wife made over 100 trades, valued between $108,000 and $1.6 million, over the course of 2022 and 2023. Rep. Byron Donalds failed to properly disclose two years’ worth of his and his wife’s stock trades.
It was up to $1.6 million, including stock in companies he oversees on a House committee.
Donalds has previously spoken out in favor of banning lawmakers from trading stocks.
Knowing that he is a Trump supporter and made that ridiculous tour around the Southeast speaking to Black Men for Trump is more in line that this story and report has some merits. Trump is unethical as well as the Congressman. The lies and cheating are for too much and I think in this post people should be looking to at just how dangerous this is. Why is it that all of the people in this article not arrested???