JD Scholten, an Iowa Democratic state representative and Senate candidate, invested $1,000 in a fund tracking the Pelosi family's stock trades. He earned about $600 from this investment, which he partly made as a joke. Scholten supports banning stock trading among Congress members, viewing it as a disservice to constituents. He initially learned about the trading tracker through Instagram and decided to invest after receiving a bonus. Scholten plans to sell off his stocks if elected, emphasizing the need for transparency and accountability in governance.
JD Scholten, a Democratic state legislator in Iowa, initially invested $1,000 in the 'Pelosi Tracker' partly as a joke, earning around $600 since.
The 'Pelosi Tracker' app allows investors to mirror stock trades made by politicians, specifically following the trades of Paul Pelosi.
Scholten supports banning stock trading by lawmakers, believing it creates a conflict of interest and that there should be focus on serving the public good.
Despite his initial investment in the tracker, Scholten stated he would sell off these stocks if elected, emphasizing integrity in governance.
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