Rep. Manning Violated the STOCK Act 51 Times Last Year
A new disclosure shows Rep. Kathy Manning (D-N.C.) and her spouse made dozens of undisclosed stock trades last year.
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A new disclosure shows Rep. Kathy Manning (D-N.C.) and her spouse made dozens of undisclosed stock trades last year.
While Congress considered infrastructure and climate legislation last year, reps kept up a stream of trades in oil and gas pipeline company stocks.
Sen. Jon Ossoff (D-GA) is planning a bill to ban stock trading by federal lawmakers and their spouses, but it faces an uphill battle this year.
The most-cosponsored bill to ban stock trading while in office leaves a huge loophole for trading corporate stocks based on nonpublic information.
Reps among the top oil and gas investors in Congress bought more shares in pipeline companies as the House moved to pass the bipartisan infrastructure bill.
The bill, now stalling in the Senate, would require federal judges to report stock trades and make judges' financial disclosures available to the public online.
Rep. Cindy Axne of Iowa, who sits on the Financial Services Committee, and her spouse are in the habit of picking up shares in financial services companies.
She reported the purchase months after making it, an apparent violation of federal law.
House Budget Chair John Yarmuth is a frequent stock trader who recently purchased shares in companies that are lobbying against the Democrats' budget plan.
More than one in four senators is invested in the fossil fuel industry as the Senate strips major climate programs from the reconciliation bill.