Senators To Propose Ban On U.S. Lawmakers, Executive Branch Members Owning Stock
Portfolio Pulse from Charles Gross
Senators are proposing a ban on U.S. lawmakers and executive branch members owning stock, according to the Wall Street Journal. This could potentially impact the overall stock market.
July 19, 2023 | 10:27 am
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The proposed ban on U.S. lawmakers and executive branch members owning stock could potentially impact the overall stock market, including SPY.
The proposed ban could lead to a sell-off as lawmakers and executive branch members divest their holdings, potentially causing a short-term drop in the market, including SPY.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80