Hi everybody, it's Cheryl Ackison. Welcome to another edition of Full Measure After Hours.

Today, the Stock Act did not end the controversy over some members of Congress trading on their access.

Way back in April of 2012, President Obama signed the Stop Trading on Congressional Knowledge

Act, the Stock Act.

It seemed to be a simple fix for a problem.

No member of Congress, their staff, or even the president, under this law, can trade stocks based on non-public information

they get on the job. And every trade that they do make has to be publicly disclosed within 45

days. The idea was to provide some oversight after some suspicious cases, shall we seem,

of members of Congress getting very rich trading stock on

sometimes companies that they're regulating.

Well, the Stock Act, we thought, meant no more congressional insider trading.

But members of Congress over the years since have continued crushing the market somehow,

beating the S&P 500 by double digits year after year. How does that happen? Some examples of the most gifted investors in Congress in

recent years include now retired Republican Richard Burr. He's from North Carolina. You may recall some news that made headlines for a little

while. Just after he got some classified briefings on the emerging COVID pandemic on February 13, 2020,

before we all knew what was coming, Burr and his wife sold stocks in companies that were expected to hit hard.

Guess what? The market crashed the next week, and Burr reportedly netted a $164,000 advantage for having sold his stock early.

Then, after Republican Kelly Loughler of Georgia got a classified COVID briefing,

she also sold stocks, she and her husband, reportedly avoiding millions of dollars in losses.

Both Burr and Loughler were investigated and cleared of any wrongdoing,

but it sure didn't look good to the public.

But by far, the biggest talent when it comes to growing profits in the stock market is Democrat

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