Blind Trust · Editorial

Pete Sessions Sold a Capital Markets Stock 3 Days After Voting on a Capital Markets Bill

The Texas congressman is in a Fox News brawl over his immigration bill. His financial record shows one trade — a sale of Ares Capital (ARCC) on July 24, three days after he voted Yea on the Main Street Capital Access Act from his seat on the Capital Markets subcommittee. The 30-day alpha on that sale: negative 1.2%.