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Congressman David Trone Posts The Largest Political Stock Filing In History At $97 Million. Pays $200 In Fines

by Jacob M. Thompson

 

Representative David Trone (D-MD), who is currently seeking election as a senator, recently just published his stock market profits, which are so grand it’s the most ever in U.S. history, registering at over $97 million.

These windfall profits come mostly from buying and selling government bonds, Finbold reported, citing the independent government trade tracker Nancy Pelosi Stock Tracker.

Courtesy: Nancy Pelosi Stock Tracker
Courtesy: Unusual Whales

However, these trades were posted 196 days after the legal deadline.

His penalty for this? A $200 fine for violating the STOCK Act.

Finbold noted in their report: ‘Trone is the Co-founder of Total Wine, the largest independent alcohol retailer in the U.S., has 259 stores, and is valued at $2.4 billion. [He] stepped down as CEO in 2015 and has focused on politics. He has spent over $50 million on campaigns and is currently running for a Senate seat, a race he is projected to lose. He loaned $10 million to his campaign and reported a personal income of at least $20 million last year, which is five times less than his most recently filed trade…

READ FULL ARTICLE HERE… (winepressnews.com)Live Stream + Chat (zutalk.com)

 


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