Congressional Stock Trades and the Inflation Equation 9/14/22
Markets have their worst day since June 2020 following worse than expected inflation data. Squawk Box anchors Joe Kernen, Becky Quick and Andrew Ross Sorkin hit the impact of inflation on investors, the housing market, and the outlook for the Fed’s next interest rate decision. Members of Congress can buy and sell stocks with few restrictions, The New York Times’ Kate Kelly reports on the paper’s exhaustive analysis of lawmakers and their family members’ trades. Plus, Twitter’s whistleblower Peiter Zatko tells the Senate Judiciary Committee about security flaws he saw at the social media company and Softbank is considering raising a third “Vision Fund”
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