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Benzinga
Benzinga
World
Robert Kuczmarski

As Recession Fears Grow, This Congressman Buys 2 Consumer Defensive Stocks Paying Consistent Dividends

Congressman Pete Sessions (R-TX) has served in the U.S. House of Representatives for 11 terms, and has made more than 80 trades in the past three years, per Capitol Trades. Sessions failed to properly disclose up to $105,000 in stock trades in 2021, per Market Insider, violating a federal conflicts-of-interest and transparency law by not correctly reporting seven of his own stock trades.

Meanwhile, Sessions supports more transparency and integrity in the reporting standards, rather than members of Congress being banned from stock trading altogether. Capitol Trades revealed that the lawmaker's top three traded stocks tend to be Microsoft Corp (NASDAQ:MSFT), Amazon.com Inc (NASDAQ:AMZN), and NVIDIA Corporation (NASDAQ:NVDA).

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