Senators have criticized Goldman Sachs Group Inc. for profiting from the housing collapse. And Congress is considering legislation to curb Wall Street risk-taking, including the use of financial instruments known as derivatives and of leverage, or methods that amplify returns.
According to The Journal's analysis of congressional disclosures, investment accounts of 13 members of Congress or their spouses show bearish bets made in 2008 via exchange-traded funds—portfolios that trade like stocks and mirror an index. These funds were leveraged; they used derivatives and other techniques to magnify the daily moves of the index they track.
The top Democrat on the House Foreign Affairs Committee took the rare step Wednesday of publicly...
At around five o’clock on a winter evening in 2013, then college student Sam Forstag was...
Mitch McConnell, the former Republican Senate majority leader, returned to the Capitol on Monday and cast...
