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BREAKING: The RECOUP Act just passed the Senate Banking Committee

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Politician

Tom Carper

DemocratSenateDE

UBS Group AG
UBS:US
sell2024-07-18

15K–50K
JPMorgan Chase & Co
JPM:US
sell2024-04-01

15K–50K
SPDR S&P Bank ETF
KBE:US
sell2023-02-21

1K–15K
UBS Group AG
UBS:US
buy2023-01-13

15K–50K
JPMorgan Chase & Co
JPM:US
sell2022-12-29

15K–50K

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Quiver Quantitative

BREAKING: The RECOUP Act just passed the Senate Banking Committee. This bill would let the FDIC clawback compensation from executives at failed banks, including profits made by selling the bank’s stock. We caught several congressmen selling bank stocks before the recent crash:

2:40 PM · Jun 21, 2023

Read 10 replies

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Quiver Quantitative

Replying to @QuiverQuant

Rep. Kevin Hern sold BlackRock stock ( $BLK ) on January 31st.

2:40 PM · Jun 21, 2023

Quiver Quantitative

Replying to @QuiverQuant

Rep. Dan Sullivan also traded JP Morgan stock in February, making a sale made on February 13th.

2:40 PM · Jun 21, 2023

9

Quiver Quantitative

Replying to @QuiverQuant

On the other side of the aisle, Rep. Josh Gottheimer also sold BlackRock stock in January.

2:40 PM · Jun 21, 2023

8

Quiver Quantitative

Replying to @QuiverQuant

Rep. Mikie Sherrill sold up to $500K of $UBS on March 3rd.

2:40 PM · Jun 21, 2023

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