Suzan K. DelBene, representative of Washington's 1st congressional district, has made a partial sale of her investment in Maryland ST Go BDS Ser. 2017 B (GS), according to a recent congressional trade report.
The transaction, which occurred on June 28, 2024, is valued within the range of $1,001-$15,000. This investment was held in a joint account, as indicated by the trade report.
Maryland ST Go BDS Ser. 2017 B is a government security, offering a fixed interest rate of 5.00% and due for maturity on August 1, 2026. Government securities are considered a safe investment as they are backed by the full faith and credit of the government that issued them.
Representative DelBene's partial sale of this investment indicates a shift in her financial strategy, although the reasons behind this decision remain undisclosed. As a member of Congress, DelBene is required to report her trades to maintain transparency and avoid potential conflicts of interest.
Investors often monitor the financial activities of politicians as their decisions can sometimes reflect their expectations of the market or specific sectors.
This report serves as a part of the ongoing commitment to transparency in the financial dealings of members of Congress. As required by the STOCK Act, all transactions must be disclosed to ensure the actions of politicians are in the best interest of the public they serve.
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