Something tells me that House Speaker Nancy Pelosi’s (D-CA) days of holding the gavel are coming to an end even if Democrats hold the House.
Pelosi was already having a bad week, and it just got a lot worse.
Rep. Abigail Spanberger (D-VA) went ballistic on Pelosi for failing to get the stock trading ban legislation passed in the House.
The legislation was already taking heat for the loopholes blatantly put in there to product current stockholders.
Dan Savickas, tech policy director at the Taxpayers Protection Alliance, stated, “This kind of defeats the whole purpose.
“If you’re thinking about it, it’s not actually blind and lawmakers can decide what goes in there and what happens to that trust while they’re in office.
“There’s really no way to ensure the lawmakers are not talking to the people who manage the blind trust.”
Then Rep. Spanberger let loose...
TL;DR: House leadership has failed to hold a vote to ban Members of Congress from trading stocks.
For months, bipartisan momentum grew in both the U.S. House and U.S. Senate to finally take a step towards prohibiting Members of Congress from day trading while on the job. (1/9)
— Rep. Abigail Spanberger (@RepSpanberger) September 30, 2022
She added, “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.
“As part of their diversionary tactics, the House Administration Committee was tasked with creating a new piece of legislation — and they ultimately introduced a kitchen-sink package that they knew would immediately crash upon arrival, with only days remaining before the end of the legislative session and no time to fix it.”
This is another reason we need a massive turnover in the House.
We are asking corrupt public officials to police themselves, which is hardly the way to clean up Congress.
Vote them all out and start fresh.
Source: Daily Caller