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

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

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Senator Gillibrand on cross-party effort to end stock trading by lawmakers

Published | Video Starts at 01:22

So we know that one in three members of Congress are trading stock and we know that one in seven are not properly disclosing the stocks that they're buying and selling. We also know that Members of Congress have a 17.5% higher return rate than the S&P 500 on their stock trades. and they're just not doing what they're supposed to be doing with disclosing it. So I decided, as many members of Congress have decided, and what Senator Moody has agreed on, is that we should ban it. (01:22–01:31)

CLAIM

Asserts that Congress members outperform the S&P 500 by 17.5% in stock trading.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


Kirsten Gillibrand

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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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