Data from Quiver Quantitative suggests that if you had followed Pennsylvania Representative Dan Meuser's investment trades since August 2019, your portfolio would have generated 512% returns to date. He is among several Congress members, like Former House Speaker Nancy Pelosi and Democratic Senator Sheldon Whitehouse of Rhode Island, who made triple-digit returns over the years.
While Meuser and other Congress members who actively make profitable trades face growing criticism and potential insider trading laws, investors are increasingly tracking the impressive returns of the US government officials. Since Congress members can report trades within 45 days of execution, the date of trade completion isn't known to the public until later. Several alternate data platforms track Congressional trades and devise strategies based on the trade disclosure date, not when executed, to address the reporting lag.
