Scott Bessent criticizes congressional trading as bets on U.S. stocks reach record highs

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- Scott Bessent calls for a ban on stock trading in Congress as lawmakers achieve profits far exceeding market indices.

- Research shows that congressional leaders invest significantly better than the market, raising concerns about fairness as stock positions reach extreme levels.

- Record high stock bets and tight oversight indicate that the market is at the late stage of the cycle, not the early expansion phase.

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