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Last claim checked October 7 FEEDRSSJSON

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6 October
10:12 pm

In just four years in congress, he's become a multimillionaire trading stocks in companies he's supposed to regulate

Overstated

Jocelyn Benson, at Michigan Governor General Election Debate (WOOD TV8)

10:12 pm
Why this verdict View evidenceHide evidence
Why we checked itSpecific allegation that her opponent became a multimillionaire through stock trading in companies he regulates during his congressional tenure — verifiable through financial disclosures
What we foundJames did become a multimillionaire during his time in Congress and did trade stocks in companies he helps oversee, but the claim overstates the role of stock trading — the bulk of his wealth increase came from a pre-existing family business and trusts, not stock trading.
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