Vulnerable House Democrat Calls For New Leadership After Top Dems Stall Stock Trading Ban | Eastern North Carolina Now | A vulnerable House Democrat called for new leadership in her party Friday after they halted an effort to ban members of Congress from trading stock.

Coronavirus Disease 2019 (COVID-19)
    Publisher's Note: This post appears here courtesy of the The Daily Wire. The author of this post is John Rigolizzo.

    A vulnerable House Democrat called for new leadership in her party Friday after they halted an effort to ban members of Congress from trading stock.

    In a statement Friday, Rep. Abigail Spanberger (D-VA) slammed House Democratic leadership after they stalled the bipartisan effort to ban stock trading by members of Congress. Democrats unveiled draft legislation Tuesday, but leaders said this week that they are not ready to vote on the bill, and the House will recess Friday until after the general election. Spanberger accused leadership of using "repeated delay tactics," and called for current leadership to be replaced.

    "I've been proud to lead the charge on legislation to ban Members of Congress and their immediate families from trading individual stocks - not only because it's the right thing to do, but because the Virginians I represent overwhelmingly support it and want us to get it done," Spanberger said. "Since the early days of the pandemic, I have worked with lawmakers from both parties - and across the ideological spectrum - to earn their support for my bipartisan bill, the TRUST in Congress Act, to require individual stock holdings be divested or placed in a qualified blind trust while in office. Our commonsense proposal demonstrated that many Democrats and Republicans alike take this issue seriously and are listening to the voices of the people."

    Spanberger, who co-authored the TRUST in Congress Act with Rep. Chip Roy (R-TX), pointed out that bipartisan momentum in support of banning members from trading stocks grew in both houses of Congress. Rep. Vicky Hartzler (R-MO) introduced her own bill in the House; in the Senate, competing legislation was introduced by Senators Josh Hawley (R-MO) and Jon Ossoff (D-GA), along with a third bill co-authored by Sen. Elizabeth Warren (D-MA) and Sen. Steve Daines (R-MT). Democrats introduced versions of these bills in the House as well.

    House Speaker Nancy Pelosi (D-CA) expressed support for a stock ban earlier this year. "However, our bipartisan reform coalition was then subjected to repeated delay tactics, hand-waving gestures, and blatant instances of Lucy pulling the football," Spanberger complained.

    "This moment marks a failure of House leadership - and it's yet another example of why I believe that the Democratic Party needs new leaders in the halls of Capitol Hill, as I have long made known," she continued. "Rather than bring Members of Congress together who are passionate about this issue, leadership chose to ignore these voices, push them aside, and look for new ways they could string the media and the public along - and evade public criticism."

    "In the months ahead, I will be dogged in my efforts to ban Members of Congress from using the privilege of their position to profit," she concluded. "I look forward to working with both my Democratic and Republican colleagues to get these reforms done."

    According to Business Insider, House Administration Committee Chairwoman Zoe Lofgren (D-CA), at the direction of Pelosi, introduced the "Combatting Financial Conflicts of Interest in Government Act" Tuesday. But House Democratic leaders said this week that they need time to read and revise the bill. "We need to spend a little more time working on the specifics of the bill, socializing the specifics and then taking another swing at it when we have a bit more time," Democratic House Chief Deputy Whip Stephanie Murphy (D-FL) told Punchbowl News.

    Democratic Majority Whip Steny Hoyer (D-MD) told reporters Thursday that there would be "probably no vote" on the bill this week.

    Spanberger is in a closely contested race against Republican challenger Yesli Vega. The contest is currently listed as "lean Democratic" by the Cook Political Report.

With the Midterm Elections less than one week away: What do you consider the top issues that you will be voting on to be corrected by your better representation?
  Big Government getting Bigger
  Biden /Democrat controlled Spike in Energy Cost
  Inflation created by Legislation of Majority in Power
  Gender Reassignment
  Corrupted Bureaucratic /Service (DOJ, FBI, etc.) Institutions
  Discredited Legacy Media
  Ending the Corruption of Dishonest Politicians
  Corruptive Influence of Social Media
  Wide Open Southern Border
167 total vote(s)     What's your Opinion?

Inarguably, the policies of the Democrats in congress and Joe Biden as the Executive is plunging the United States into a recession, if we are not already there; a recession that was completely avoidable. Will abrupt changes in policies occur in time?
  Yes, the Democrats have a bold plan, yet to be revealed, to save us.
  No, there will have to be a complete undoing of the damage done by these Democrats.
  I can't do simple math, so how am I to understand the concept of basic economics.
1,178 total vote(s)     What's your Opinion?

Go Back

Leave a Guest Comment

Your Name or Alias
Your Email Address ( your email address will not be published)
Enter Your Comment ( no code or urls allowed, text only please )

Pelosi Accused Of Exploiting Migrants For Cheap Labor: ‘We Need Them To Pick The Crops’ Daily Wire, Guest Editorial, Editorials, Op-Ed & Politics Elon Musk Slams Kamala Harris For Racial Remarks About Distributing Disaster Assistance


Latest Op-Ed & Politics

A California district superintendent recently announced that a high school football team was no longer allowed to display the Thin Blue Line at its games, but that didn’t stop Saugus High School players.
More sever penalties for those who profit from drugs are needed
Babylon Bee CEO Seth Dillon revealed that the Christian satire outlet ultimately gained a broader audience by refusing to delete a post that caused the former management of Twitter to shutter its account.
The United States' soccer match against England ended in a tie, handing the U.S. team victory as the country which last beat the other in a war wins the tiebreaker.
The Biden administration is close to granting a license to Chevron to resume pumping oil in Venezuela, following previous reporting that President Joe Biden would ease sanctions on the socialist country to allow the U.S. oil company to continue production.
As inflation comes home to roost for many American families preparing to celebrate Thanksgiving, leadership at one of the largest poultry producers in the nation is denying that households will shift from turkey to other alternatives.


N.C. State Treasurer Dale Folwell discussed issues surrounding several towns in the state Tuesday during his monthly “Ask Me Anything” virtual press conference.
Elon Musk may release information on Twitter’s internal discussions regarding censorship of stories about Hunter Biden’s laptop prior to the 2020 election, the newly-established CEO suggested Wednesday.
A new Civitas Poll of North Carolina parents has new information on their views of teachers and what is happening in the classroom
Disney fired CEO Bob Chapek in a dramatic development Sunday, bringing back its former boss and ending a disastrous tenure that saw the entertainment giant become a value-hemorrhaging caricature of wokeness.
A local retailer is making waves after announcing its most dramatic Black Friday sale ever, in which every item in the store is marked down to whatever the price was before Biden became President.
Readers know that when you watch CBS News, much of what you see is spin, but a report regarding Hunter Biden’s infamous laptop from the legacy media network on Monday really takes the cake.


Famed author Salman Rushdie lost the use of one hand and an eye after an attack in August by a man who stormed the stage and stabbed him in the neck and torso several times — his agent confirmed last week.


Back to Top