๐โจ Money, power, and politics โจ๐
The large and interesting trades of the congressman close to Trump are revealed -
Congressman Michael McCaul recently reported stock trades he executed worth approximately $6,500,000! ๐ฐ
Including a $1M purchase of $AAPL, a $650K sale of $NVDA, and many more. ๐ฏ
But what is truly interesting about the nature of McCaul's stock market activities -
He serves as chairman on some of the most powerful congressional committees, including:
- House Foreign Affairs Committee ๐ค
- House Homeland Security Committee ๐
- House High-Tech Committee ๐บ
- House Cyber Committee โ๏ธ
- House AI Committee ๐
Pay attention to this โค -
While he is a member of the House High-Tech Committee: purchased $1,000,000 of Apple. ๐ต purchased $500,000 of - Vishay Intertechnologies. ๐ต
While he is chairman of the House Foreign Affairs Committee: sold $850,000 of - Oshkosh Corporation, a global manufacturer of vehicles and equipment, including specialized defense vehicles. ๐ต
While he is a member of the House AI Committee: sold $650,000 of - Nvidia.๐ต purchased $100,000 of - AMD. ๐ต
โข Of course, all these trades were registered in the names of his wife and children... ๐
this is the closest one can come to a crystal ball...๐ฎ
โข Is this a clear example of how politicians exploit their knowledge and power to execute strategic stock trades? ๐