SoFi CEO enters prepaid forward contract on 1.5 million shares
Georgia’s 1st congressional district representative, Earl Leroy Carter, has made a significant investment in the US Treasury Bill, according to a recent congressional trade report. The transaction took place on April 15, 2025, and was reported on April 22, 2025.
The investment, valued between $1,000,001 and $5,000,000, was made through Stifel, a full-service brokerage and investment banking firm. The US Treasury Bill, a short-term government security with a maturity of less than one year, is due on June 17, 2025. According to InvestingPro data, the Treasury Bill currently trades at $49.97, near its 52-week high of $50.05, with a market capitalization of $5.6 billion.
Government securities like the US Treasury Bill are considered a safe investment as they are backed by the full faith and credit of the US government. Investors such as Carter often use them as a means to preserve capital while earning a return. InvestingPro data shows the Treasury Bill offers a 4.16% dividend yield and historically low price volatility, making it an attractive option for conservative investors. For more detailed analysis and investment insights, consider exploring InvestingPro’s comprehensive financial metrics.
Carter’s (NYSE:CRI) investment was made in a purchase transaction, indicating a strategy of increasing his exposure to government securities. The transaction has been certified as true, complete, and correct to the best of Carter’s knowledge and belief, as required by the STOCK Act.
The transaction underlines the continued interest of lawmakers in financial markets. As government officials, their investment activities are closely watched for signs of confidence or concern about the economy. With an average daily trading volume of 2.48 million units, the Treasury Bill maintains strong market liquidity and institutional interest.
The details of the transaction were released as part of a Periodic Transaction (JO:NTUJ) Report, a requirement under the STOCK Act, which mandates that members of Congress disclose their trades to prevent insider trading.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.