Tag: congress

  • Congress: Company Filings, Votes, and Trades
    · rreck

    Congress: Company Filings, Votes, and Trades

    Three public corpora joined end to end: every SEC filing since 1994 (27 million), the complete roll-call record of Congress since 1789 (113,512 roll calls, 26.4 million individual member votes), and the stock trades members disclose under the STOCK Act (66,760 transactions). Five plausible hypotheses were tested on the 119th Congress against null models and base rates. All five failed. The four findings that survived are structural, not scandalous, and the most useful result in the whole exercise is a negative one.