goverment

Pelosi Sells 5K Microsoft Shares Ahead Of FTC Antitrust Probe, Marking Her Largest Sell In Years

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Pelosi Sells 5K Microsoft Shares Ahead Of FTC Antitrust Probe, Marking Her Largest Sell In Years

California Representative Nancy Pelosi’s investment portfolio has returned over 700% since 2014. While the former House Speaker’s husband, Paul, executes the trades, his impressive track record of consistently timing the market has given rise to criticism that Nancy could be sharing confidential market information with him, something the politician has refuted for years. While she … Read more

US Insurance Industry Fights Regulation To Scrap Agent Commissions, Boosting Retirement Savings By $3B Annually

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US Insurance Industry Fights Regulation To Scrap Agent Commissions, Boosting Retirement Savings By B Annually

The US Labor Department’s new proposed standard to protect retirement savers who roll over money from their 401(k)s to individual retirement accounts (IRA) is facing massive backlash from the insurance industry. The rule will ensure insurance agents transition from selling products for high commissions to recommending investments that benefit clients during rollovers. The move will … Read more