Recent stock transactions by members of Congress show some Senators are in a buying mood. Stock transactions of members are required to be disclosed under the Stop Trading on Congressional Knowledge (STOCK) Act.
Sen. Mark Warner, D-Va., has reported buying $500,001 to $1 million worth of Novus Special Situations LLC on July 18. He also bought $250,001 to $500,00 worth of Norwegian Crystals AS on July 26.
Sen. John Hoeven, R-N.D., reported he bought $100,001 to $250,000 of Westbrand Inc. Bank Holding Company, Minot, N.D., on July 26.
Roll Call has ranked Rep. Darrell Issa, R-Calif., as the richest member of Congress with a reported minimum net worth of more than $355 million. Issa has surpassed Rep. Michael McCaul, R-Texas, the richest member at the end of 2011. Issa’s assets increased in 2012 by at least $135 million, and he made $59.5 million in income from those assets. View Roll Call article.