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Kirsten Gillibrand: “Members of Congress... have a 17.5% higher return rate than…”

Featuring: Kirsten Gillibrand, Democratic | U.S. Senate New York

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Sen. Kirsten Gillibrand weighs in on Senate Agriculture Committee's crypto market structure bill

Published | Video Starts at 16:04

1 in 9 are buying and selling stocks, but only, sorry, 1 in 3 are buying and selling stocks, but ONLY 1 in 9 are actually disclosing those purchases. So they're not following the disclosure regime that we have. And unfortunately Members of Congress... have a 17.5% higher return rate than the S&P 500. So clearly members of Congress aren't necessarily smarter, but they are trading on non public information. So I think if you can ban the buying and selling of stocks and digital assets during the length of their service. (16:04–16:27)

CLAIM

Asserts that members of Congress have a 17.5% higher return rate than the S&P 500.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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