This House of Representative Just Bought Up To $15K In New Gold Stock

A report on July 1, 2025 shows that Representative Debbie Wasserman Schultz from Florida purchase stock in New Gold (AMEX:NGD), valued between $1,001 and $15,000. According to the July filing, the transaction occurred on February 28, 2024.

At the time of writing, New Gold shares are trading down 0.61% at $4.89.

What Representative Has Been Trading Recently

In the past three years, Debbie Wasserman Schultz made 23 stock trades totaling more than $23 thousand. The largest trades involved stocks like Adams Resources & Energy and Alamos Gold. Their most notable trades made recently include key transactions: None

Here's a summary of Debbie Wasserman Schultz's recent trades:

To keep an eye on Debbie Wasserman Schultz's trades and other government stock activity, check out our real-time tracking tool!

Why Congressional Transactions Matter

A congressional transaction is when any representative or senator either buys or sells an individual stock.

Anyone working in Congress must file a Periodic Transaction Report to inform the public of their recent transaction within 30 days of being notified of the transaction and within 45 days of the transaction date.

In April 2012, Former President Barack Obama signed the STOCK Act into law. The act prohibits members of Congress from using private information given to them by their position for personal gain such as buying or selling a stock. The act also expanded disclosure requirements for members of Congress by requiring them to file a monthly disclosure.

Why Congressional Transactions Matter

Congressional transactions shouldn't be the primary reason for an investing decision, but they can be an important factor for an investor to consider.

When a senator or representative makes a new purchase, it could be an indication they expect the stock to rise.

A sale, on the other hand, can be made for a variety of reasons, and may not necessarily mean the seller thinks the stock will go down.

This article was generated by Benzinga's automated content engine and reviewed by an editor.