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Elon Musk Questions Congress Members' Wealth: 'Where Did They Get All The Money?'


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Published in Stocks and Investing on by MSN   Print publication without navigation

Billionaire Elon Musk targeted members of Congress who enjoy rising wealth amounts while in office, which comes as retail traders place larger emphasis on politicians' stock and options trading activity.

Elon Musk has publicly questioned the source of wealth for members of the U.S. Congress, highlighting the discrepancy between their salaries and their apparent wealth. In a post on X (formerly Twitter), Musk asked, "How do members of Congress become so wealthy? Their salary is only $174,000 per year, but many of them are multimillionaires." This inquiry comes amidst growing public scrutiny over the financial dealings of politicians, especially in light of recent reports detailing how some members of Congress have significantly increased their net worth while in office. Musk's comments have reignited discussions about potential conflicts of interest, insider trading, and the influence of money in politics, prompting calls for greater transparency and stricter regulations regarding the financial activities of elected officials.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/politics/government/elon-musk-questions-congress-members-wealth-where-did-they-get-all-the-money/ar-AA1yULcj ]

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