This is not the first time Wasserman Schultz has violated a federal financial disclosure and transparency law. Wasserman Schultz first appeared to violate the STOCK Act in 2021 when she was seven months late disclosing up to $60,000 of her and her dependent child’s stock purchases in telecommunications provider Westell Technologies, Insider reported. Wasserman Schultz’s congressional office did not respond to Raw Story’s requests for comment. Rep. Maxine Waters (D-CA) speaks during a news conference with the Democratic members of the House Financial Services Committee and the Sustainable Investment Caucus in July.
Moulton spokesperson Sydney Simon said in an email. Donna Shalala (D-FL), for failing to disclose stock trades on time. Salazar was a few days late in disclosing her spouse’s $1,001 to $15,000 sale of stock in Florida renewable energy company, NextEra Energy Partners on a May 31 financial disclosure. Rep. Maria Elvira Salazar (R-FL) appeared to have violated the STOCK Act again in May. While the trade itself wasn’t particularly large, the congresswoman has been notably outspoken about STOCK Act violations, publicly shaming her political rival, then-Rep.
The trades came at a time when Boeing, a defense contractor, faces federal scrutiny over its aircraft safety protocols and manufacturing quality. Sen. Tommy Tuberville (R-AL) appears during a hearing to examine United States Special Operations Command and United States Cyber Command in review of the Defense Authorization Request for fiscal year 2022 and the Future Years Defense Program, on Capitol Hill on March 25, 2021, in Washington, D.C. “Unfortunately, we’ve been advised not to disclose non-public information about the Congressman’s personal accounts due to concerns surrounding cyber-security targeting,” Matthews said. Keating’s office declined to name who makes trades on the congressman’s behalf. The Boeing trades “part of an IRA retirement account that is third-party managed, and investment decisions are made by that third party,” Keating spokesperson Chris Matthews told Raw Story in an email.
AUD/SGD, EUR/NOK, and AUD/NZD all count as regional pairs.
The minor pairs, which consist of other major currencies, include GBP/JPY, EUR/GBP, and EUR/CHF. Then there are regional pairs, which are named for different geographic regions, for example, Australasia or Scandinavia. AUD/SGD, EUR/NOK, and AUD/NZD all count as regional pairs. The world’s most-traded currency, by far, is the US dollar; it experiences more than $5 trillion worth of trading volume per day, according to figures from the Bank for International Settlements (BIS). There are exotic pairs, which involve a major currency combined with a minor currency, such as EUR/CZK, USD/PLN, and GBP/MXN.
Quick tip: The spot market is a financial market where investors can trade currencies, commodities, and securities instantly. Investors trade forex in pairs, which list the base currency first and the quote currency second. For example, if someone trades the JPY/USD, the Japanese yen is the base currency, and the US dollar is the quote currency. Investors who are interested in forex have the ability to trade several different currency pairs: major pairs, minor pairs, exotic pairs, and regional pairs. These four currency pairs account for 80% – a strong majority – of forex trading, according to figures provided by IG. The major pairs involve the US dollar, and include USD/JPY, GBP/USD, USD/CHF, and EUR/USD.