Trading Stock, Congressional Style

The NPR Politics Podcast

NPR

Daily News, News, Politics

4.4 • 25.7K Ratings

🗓️ 4 July 2024

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

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Summary

Our friends at the Indicator from Planet Money caught up with congressional correspondent Deirdre Walsh to talk about her reporting on how members of Congress and their families trade stock. Then, in classic style, the Indicator team tried their hands at doing so themselves.

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Transcript

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0:00.0	Christian nationalists want to turn America into a theocracy, a government under biblical rule.
0:07.0	If they gain more power, it could mean fewer rights for you.
0:12.0	I'm Heath Drusen and on the new season of Extremely American
0:16.0	I'll take you inside the movement. Listen to Extremely American from Boise State Public
0:21.2	Radio, part of the NPR Network.
0:24.0	Hey there, it's the NPR Politics Podcast.
0:30.0	I'm Tammer Keith, I cover the White House. And today we want to
0:33.7	highlight some reporting from our friends over at the indicator from planet
0:37.4	money about how lawmakers are making money from the stock market. Our own
0:42.0	Deirdre Walsh has been following this story for
0:44.0	months and joined up with the indicator team to talk about it in June.
0:49.2	This is the indicator from Planet Money. I'm Whelan Wong.
0:52.8	And I'm Darren Woods. And we have NPR's congressional correspondent Deidja Welsh with us today.
0:57.8	She's dialing in from the House of Representatives.
1:00.3	Hi, Deidja.
1:01.3	Hey there.
1:01.8	Dearja, the stock market is on a tear right now and you reported this story that
1:06.0	caught our attention about a company that partnered with the financial firm Subversive to allow everyday people
1:12.0	to invest like members of Congress.
1:14.4	Right, so this was initially created by a trader who calls himself unusual Wales.
1:19.7	Love the name.
1:20.3	He has created two separate EDFs.
	...

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