- > Between 1995 and 2021 (our sample period), there were a total of 47 individuals who have been a congressional leader; 20 of whom made stock trades both before and after ascension to leadership.
- After becoming a congressional leader, a politician’s stock portfolio beats out those of peers by 47 (!!!) percentage points a year through trades timed around bills and firms that later get government contracts www.nber.org/papers/w34524 via @florianederer.bsky.social
