Stock holdings are among the assets covered in the report, and the investing tastes of Congress appear to be somewhat conventional, with large-cap, Dow 30 members dominating the widely-held list.
General Electric [GE 15.87 0.01 (+0.06%)
] , parent company of CNBC, is No. 1, with 82 current members of Congress listing it. Rounding out the top five are:Bank of America [BAC 11.729
-0.211 (-1.77%)
] (63), Cisco Systems [CSCO 19.58
0.145 (+0.75%)
](61), Proctor & Gamble [PG 63.415
-0.035 (-0.06%)
](61) and Microsoft [MSFT 25.745
-0.065 (-0.25%)
](54).
In another context, however, Beltway watchers might find it unsettling that some of the most widely-held stocks are those of companies at the center of the financial crisis in 2008-2009.
In addition to Bank of America, Goldman Sachs [GS 165.53 0.43 (+0.26%)
] , Wells Fargo[WFC 26.91
-0.28 (-1.03%)
] , JPMorgan Chase [JPM 39.19
-0.42 (-1.06%)
] and Citigroup[C 4.185
-0.035 (-0.83%)
] were popular holdings. All of them received funding under the TARP. Morgan Stanley, General Motorsand AIG are not on the list.
Another big sector is health care-drugs, which, like financial services, was the subject of major reform legislation in 2009.
Drug industry giants like Pfizer [PFE 16.5793 -0.0207 (-0.12%)
] , for instance, ranked seventh on the list, with 49 members disclosing ownership. RivalsJohnson & Johnson [JNJ 63.12
-0.02 (-0.03%)
] andMerck [MRK 34.6862
0.5862 (+1.72%)
] also made the list of 50 companies.
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