In a recent congressional trade report, Rudy Yakym III from Indiana’s 2nd congressional district has ventured into the world of investments by acquiring a 6-month Treasury Bill. This move was facilitated through the Treasury Direct investment platform.
Key points from the report:
- The Treasury Bill is slated to mature on March 27, 2025, and falls under the category of government securities and agency debt.
- The investment amount Yakym III has put into the bill ranges between $1,001 and $15,000, as indicated in the report.
- The transaction took place on September 26, 2024, with the notification date aligning with the day of the transaction.
- Any capital gains exceeding $200 are typically reported, although the report does not specify whether there were any gains resulting from this particular transaction.
- Yakym III utilized the Treasury Direct investment vehicle, situated within the US, although it remains unclear whether this is a one-time occurrence or part of a regular investment strategy.
The report focuses solely on this specific transaction, omitting details of any other financial activities undertaken by Yakym III during the reporting period. It affirms that all mandated disclosures under the STOCK Act have been adhered to.
Such reports offer a glimpse into the financial decisions of our elected officials, shedding light on how they navigate personal finances while carrying out public duties. It is imperative to recognize that these transactions are lawful and disclosed in compliance with the STOCK Act’s regulations, which dictate the periodic reporting of such investments.
Stay informed about these important updates and the actions of our representatives through thorough reporting and analysis. Vigilance and awareness lead to a more transparent and accountable governance.
