{"id":1223795,"date":"2022-01-19T05:08:22","date_gmt":"2022-01-19T10:08:22","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1223795"},"modified":"2022-01-19T05:08:30","modified_gmt":"2022-01-19T10:08:30","slug":"pennsylvania-lieutenant-governor-holds-stock-in-company-lobbying-his-state","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/pennsylvania-lieutenant-governor-holds-stock-in-company-lobbying-his-state\/","title":{"rendered":"Pennsylvania Lieutenant Governor Holds Stock in Company Lobbying His State"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fpennsylvania-lieutenant-governor-holds-stock-in-company-lobbying-his-state%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1223795&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div>\n\t\t\t<span class=\"article-category\"><a class=\"\" href=\"https:\/\/freebeacon.com\/democrats\/\">Democrats<\/a><\/span><\/p>\n<p class=\"article-excerpt\">Democrat John Fetterman supports ban on lawmakers owning stocks<\/p>\n<figure class=\"post-thumbnail-container relative lg:mr-24 w-full my-4 mb-8\">\n\t\t<img loading=\"lazy\" decoding=\"async\" width=\"736\" height=\"512\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/01\/homepage-introblock-min-736x512-1.png\" class=\"w-full lazyload blur-up wp-post-image\" alt=\"\" srcset=\"denied:data:image\/gif;base64, R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" data-srcset=\"https:\/\/freebeacon.com\/wp-content\/uploads\/2022\/01\/homepage-introblock-min-e1642527819349.png 736w, https:\/\/freebeacon.com\/wp-content\/uploads\/2022\/01\/homepage-introblock-min-300x209.png 300w, https:\/\/freebeacon.com\/wp-content\/uploads\/2022\/01\/homepage-introblock-min-1024x712.png 1024w, https:\/\/freebeacon.com\/wp-content\/uploads\/2022\/01\/homepage-introblock-min-768x534.png 768w, https:\/\/freebeacon.com\/wp-content\/uploads\/2022\/01\/homepage-introblock-min-706x491.png 706w\" data-sizes=\"auto\" \/><figcaption class=\"absolute text-white p-4 w-full text-right text-xs bottom-0 bg-black opacity-75\">\n\t\t\t\tPennsylvania lieutenant governor John Fetterman (D.) \/ johnfetterman.com\t\t\t<\/figcaption><\/figure>\n<p>\t\t\t<span class=\"text-gray text-xs md:text-lg\"><a href=\"https:\/\/freebeacon.com\/author\/chuck-ross\/\" title=\"Posts by Chuck Ross\" class=\"author url fn text-red-700\" rel=\"author\">Chuck Ross<\/a> \u2022 January 19, 2022 4:59 am<\/span><\/p><\/div>\n<div>\n<p>Pennsylvania lieutenant governor John Fetterman wants to ban members of Congress from holding stocks to prevent conflicts of interest. But the Democratic Senate hopeful owns shares of a telecommunications company that has millions of dollars in business contracts with his state government.<\/p>\n<p>Fetterman this month endorsed lawmakers&#8217; calls to prohibit members of Congress from trading stocks. &#8220;Congress needs to ban members, their spouses, and their senior staffers from holding individual stocks,&#8221; he <a href=\"https:\/\/twitter.com\/JohnFetterman\/status\/1481356641706598400?s=20\" target=\"_blank\" rel=\"noopener\">said<\/a>. &#8220;Lawmakers should not be making profits off the same companies they&#8217;re supposed to be regulating.&#8221;<\/p>\n<p>Fetterman&#8217;s position could open him to charges of hypocrisy. He holds between $1,000 and $15,000 in shares of Verizon, according to his financial disclosure report. Verizon and its subsidiaries have spent more than $1.2 million on lobbying in Pennsylvania since Fetterman took office in 2019, lobbying records show. The state has paid Verizon more than $8.2 million since 2019 as a vendor for government services, according to a state spending database.<\/p>\n<p>Fetterman&#8217;s campaign says he would sell his shares if elected to the U.S. Senate, but didn\u2019t address questions about whether his financial position causes a conflict of interest for him as lieutenant governor.<\/p>\n<p>Democratic and Republican lawmakers introduced bills to prohibit members of Congress from trading stocks amid several investigations into lawmakers&#8217; portfolio activity. Sen. Jon Ossoff (D., Ga.) introduced a bill this month to require members of Congress to place their stock portfolios in blind trusts. Ossoff placed his portfolio in a blind trust earlier this year. The <em>Washington Free Beacon <\/em>had earlier <a href=\"https:\/\/freebeacon.com\/democrats\/jon-ossoff-said-apple-profits-off-abusive-practices-hes-invested-millions-in-it\/\">reported<\/a> that Ossoff held up to $5 million in shares of Apple even as he accused the tech company of profiting off &#8220;abusive&#8221; trade practices. Sen. Josh Hawley (R., Mo.) and Rep. Chip Roy (R., Texas) have introduced similar bills.<\/p>\n<p>The trading ban could face resistance from Democratic Party leaders. House Speaker Nancy Pelosi (D., Calif.), one of Congress&#8217;s most prolific stock traders, has said she opposes a ban on the practice. Pelosi&#8217;s husband made millions of dollars last year off trading stock options on Google parent company Alphabet just before a vote on a major antitrust bill.<\/p>\n<p>Fetterman, considered the Democratic frontrunner in his race, has been accused of hypocrisy over his involvement in a gun incident in 2013, when he served as mayor of Braddock, Pennsylvania. Fetterman <a href=\"https:\/\/freebeacon.com\/politics\/john-fetterman-racism-scandal\/\">pulled a shotgun<\/a> on an unarmed black jogger he suspected of firing a gun in the air near his home in the Pittsburgh suburb. Fetterman chased the man in his truck and allegedly pointed a shotgun at his chest until police arrived. Officers searched the man, Christopher Miyares, but found no weapons. Fetterman has refused to admit wrongdoing and says that Miyares lied about firing a gun. The incident seemingly contradicts Fetterman&#8217;s progressive credentials. He has expressed support for the Black Lives Matter movement and for stricter gun laws.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Democrats Democrat John Fetterman supports ban on lawmakers owning stocks  Pennsylvania lieutenant governor John Fetterman (D.) \/ johnfetterman.com  Chuck Ross \u2022 January 19, 2022 &#8230;<\/p>\n","protected":false},"author":1,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1223795","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1223795","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1223795"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1223795\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1223795"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1223795"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1223795"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}