GOP Lawmaker Flip Flops on Stock Trades

GOP Lawmaker Flip Flops on Stock Trades

Rep. Rob Bresnahan Jr. (R-PA), “who campaigned on prohibiting stock trading by members of Congress, has emerged as one of the most active stock traders in the freshman class,” the New York Times reports. “Since he took office in January, Mr. Bresnahan has reported 264 stock trades,. He has purchased up to $1.7 million in stock since taking office… and has sold up to $3.03 million.”

He Promised To Ban Congressional Stock Trading—Now That He’s In Office, He Trades At Will.

In March, Rob Bresnahan, Jr., a prominent Republican businessman, openly called for an end to stock trading by Congress members while campaigning for a pivotal House seat in northeastern Pennsylvania. In a letter to the editor of the Wilkes-Barre Citizens’ Voice, he expressed that “The trust our political leaders and institutions have from Americans is at a historic low, and it’s understandable why. It is disturbing to hear how politicians amass…

He Said He Would Ban Congressional Stock Trading. Now in Office, He Trades Freely.

Last March, when Rob Bresnahan, Jr., a wealthy business executive, was running to represent a competitive House district in northeastern Pennsylvania, he published a letter to the editor in a local newspaper demanding an end to stock trading by members of Congress. “The trust our political leaders and institutions have from Americans is at a historic low and it’s easy to understand why,” Mr. Bresnahan wrote in the Wilkes-Barre Citizens’ Voice. “…