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Why US lawmakers’ AI, crypto portfolio holdings are raising eyebrows

Why US lawmakers’ AI, crypto portfolio holdings are raising eyebrows

00:00 Speaker A

congressional lawmakers are becoming more focused on AI and crypto. That’s according to the latest data from unusual whales.

00:06 Speaker B

They track the top holdings by individual stocks, and seven of the eight top names on that list are tech stocks. Nvidia is a bipartisan favorite, but it goes it goes deep there. Um with $270 million worth of stock directly owned by lawmakers, and then tens of millions of more owned indirectly.

00:26 Speaker B

The crypto shift in evidence is also notable here. That is more of a Republican side phenomenon. This goes back to the last campaign and the sort of Republican Party’s embrace as a whole, Donald Trump’s embrace in particular of crypto. You can…

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