The post U.S. politicians make super suspicious Palantir stock trades appeared on BitcoinEthereumNews.com.

Congressional stock trading is a controversial practice. Senators and Representatives tend to secure much greater returns in financial markets than their constituents do. In addition, there is no shortage of suspicious trades to be found — as U.S. politicians regularly invest in the very industries they regulate. To make matters worse, disclosure rules obscure the true amounts being invested — while the penalties for not complying with relevant rules and regulations are negligible. Finbold’s congressional trading radar recently picked up quite an interesting Palantir (NASDAQ: PLTR) trade. On February 11, two congressmen — one a Democrat, one a Republican, invested in Palantir stock. Both of the Representatives made a significant profit in a short amount of time.  Even more interesting is the fact that both sit on congressional committees and subcommittees that likely provide them with a significant informational edge. On the bright side, in an era of increasing political polarization, it seems that bipartisanship is alive and well in the U.S. — at least when it comes to ethically dubious moneymaking.  Receive Signals on US Congress Members’ Stock Trades Stocks Stay up-to-date on the trading activity of US Congress members. The signal triggers based on updates from the House disclosure reports, notifying you of their latest stock transactions. Enable signal Bipartisan buy — congressmen make quick profit off of Palantir stock James Comer, a congressman from Kentucky’s 1st congressional district and a Republican, made the first purchase on January 21.  Periodic transaction report detailing Comer’s purchase of PLTR stock. Source: Clerk of the House of Representatives Three days later, on January 24, the second purchase was made by Gilbert Ray Cisneros, the Representative of California’s 31st congressional district, a Democrat. Periodic transaction report detailing Cisneros’s purchase of PLTR stock. Source: Clerk of the House of Representatives Both acquisitions were…

---

Filed under: News - @ February 12, 2025 6:24 pm