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2023-04-24

At least 9 members of Congress sold bank stocks amid turmoil last month

At least nine members of Congress sold banking stocks before and during market turmoil last month, including a member of the House financial services committee who sold Silicon Valley Bank stock before it failed.

Financial Times
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At least 9 members of Congress sold bank stocks amid turmoil last month on.ft.com/3N46JrM

4:12 PM · Apr 22, 2023
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Quiver Quantitative
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Representative Jared Moskowitz sold up to $150K Seacoast Bank stock on March 10th, in two separate transactions. A spokesperson for Moskowitz said that the sales were “suggested by the congressman’s financial adviser as a means to diversify his young children’s holdings.”

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5:36 PM · Apr 23, 2023
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Quiver Quantitative
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Senator Tommy Tuberville sold stock in BMO Harris Bank on March 6th. Tuberville called efforts to ban congressional stock trading ridiculous, saying "I think it would really cut back on the amount of people that would want to come up here and serve."

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5:36 PM · Apr 23, 2023
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Quiver Quantitative
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Representative Josh Gottheimer sold stock in half a dozen banking stocks in March, including Silicon Valley Bank. A spokesperson for Gottheimer pointed to a statement in which they said his financial decisions were made at the discretion of a third-party financial adviser.

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5:36 PM · Apr 23, 2023
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Quiver Quantitative
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Representative Lois Frankel sold stock in PNC Bank in March.

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5:36 PM · Apr 23, 2023
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Quiver Quantitative
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Senator Angus King sold stock in U.S. Bank ( $USB ) on March 20th. This was only his second stock sale in the last year.

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5:36 PM · Apr 23, 2023
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Politician

  • View Profile
  • Jared Moskowitz

    DemocratHouseFL
    Trades
    310
    Issuers
    90
    Volume
    3.00M
    • Seacoast Banking Corp of Florida

      SBCF:US
      sell2024-11-08
      15K–50K
    • Seacoast Banking Corp of Florida

      SBCF:US
      sell2024-11-08
      50K–100K
    • The PNC Financial Services Group Inc

      PNC:US
      sell2024-07-05
      1K–15K
    • The PNC Financial Services Group Inc

      PNC:US
      sell2024-07-01
      1K–15K
    • The PNC Financial Services Group Inc

      PNC:US
      sell2024-07-05
      1K–15K

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