All members of Congress have access to non-public information that can be used to make better trading decisions. However, some have more access than others.One important factor is committee membership. Each Congressional committee has a different set of inside information, and its own confidential briefings and hearings. This raises the question:Do members of some Congressional committees have better trading performance than others?
To answer this, we built and backtested trading strategies based on the trades made by members of each committee, and compared their performance since 2020.Based on the results (shown below), we've identified 4 committees with particularly strong returns. To track the live performance and holdings of these strategies, check out Quiver Strategies.
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