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Why Do US Congressional Leaders Keep Beating the Stock Market?

By Shang-Jin Wei, Project Syndicate

Members of Congress continue to trade individual stocks even as they shape legislative agendas and gain access to non-public information. New research sheds light on how political power affects financial outcomes and underscores the need for reforms that draw a firm line between public office and private profit.

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Andy Biggs’ Big Gamble In Arizona

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