{"id":1667180,"date":"2022-09-30T20:04:33","date_gmt":"2022-10-01T00:04:33","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1667180"},"modified":"2022-09-30T20:04:49","modified_gmt":"2022-10-01T00:04:49","slug":"vulnerable-house-democrat-calls-for-new-leadership-after-top-dems-stall-stock-trading-ban","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/vulnerable-house-democrat-calls-for-new-leadership-after-top-dems-stall-stock-trading-ban\/","title":{"rendered":"Vulnerable House Democrat Calls For New Leadership After Top Dems Stall Stock Trading Ban"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">28<\/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%2Fvulnerable-house-democrat-calls-for-new-leadership-after-top-dems-stall-stock-trading-ban%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=1667180&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--><p>A vulnerable House <a href=\"https:\/\/www.dailywire.com\/topic\/democratic-party\" target=\"_blank\" rel=\"noopener\">Democrat<\/a> called for new leadership in her party Friday after they halted an effort to ban members of Congress from trading stock.<\/p>\n<p>In a statement Friday, Rep.\u00a0<a href=\"https:\/\/spanberger.house.gov\/posts\/spanberger-statement-on-house-leaderships-refusal-to-ban-members-of-congress-from-trading-individual-stocks\" target=\"_blank\" rel=\"noopener\">Abigail Spanberger<\/a>\u00a0(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 \u201crepeated delay tactics,\u201d and called for current leadership to be replaced.<\/p>\n<p>\u201cI\u2019ve been proud to lead the charge on legislation to ban Members of Congress and their immediate families from trading individual stocks \u2014 not only because it\u2019s the right thing to do, but because the Virginians I represent overwhelmingly support it and want us to get it done,\u201d Spanberger said. \u201cSince the early days of the pandemic, I have worked with lawmakers from both parties \u2014 and across the ideological spectrum \u2014 to earn their support for my bipartisan bill, the <em>TRUST in Congress<\/em>\u00a0<em>Act,<\/em> 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.\u201d<\/p>\n<p>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. <a href=\"https:\/\/www.dailywire.com\/news\/another-republican-joins-efforts-to-ban-insider-trading-introduces-legislation-in-the-house\">Vicky Hartzler<\/a>\u00a0(R-MO) introduced her own bill in the House; in the Senate, <a href=\"https:\/\/www.cnn.com\/2022\/01\/13\/politics\/lawmakers-jon-ossoff-josh-hawley-ban-stocks-trading-office\/index.html\" target=\"_blank\" rel=\"noopener\">competing legislation<\/a> was introduced by Senators Josh Hawley (R-MO) and Jon Ossoff (D-GA), along with a third bill <a href=\"https:\/\/www.warren.senate.gov\/newsroom\/press-releases\/senators-warren-daines-introduce-new-bipartisan-bill-to-ban-members-of-congress-from-owning-and-trading-stocks\" target=\"_blank\" rel=\"noopener\">co-authored<\/a> by Sen. Elizabeth Warren (D-MA) and Sen. Steve Daines (R-MT).\u00a0Democrats introduced versions of these bills in the House as well.<\/p>\n<p>House Speaker Nancy Pelosi (D-CA)\u00a0<a href=\"https:\/\/www.dailywire.com\/news\/pelosi-has-great-confidence-in-fellow-lawmakers-but-is-now-open-to-more-stock-trading-restrictions\" target=\"_blank\" rel=\"noopener\">expressed support<\/a> for a stock ban earlier this year. \u201cHowever, our bipartisan reform coalition was then subjected to repeated delay tactics, hand-waving gestures, and blatant instances of Lucy pulling the football,\u201d Spanberger complained.<\/p>\n<p>\u201cThis moment marks a failure of House leadership \u2014 and it\u2019s 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,\u201d she continued. \u201cRather 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 \u2014 and evade public criticism.\u201d<\/p>\n<p>\u201cIn the months ahead, I will be dogged in my efforts to ban Members of Congress from using the privilege of their position to profit,\u201d she concluded. \u201cI look forward to working with both my Democratic and Republican colleagues to get these reforms done.\u201d<\/p>\n<p>According to Business Insider, House Administration Committee Chairwoman Zoe Lofgren (D-CA), at the direction of Pelosi, introduced the \u201c<a href=\"https:\/\/www.businessinsider.com\/bill-text-nancy-pelosi-house-democrats-stock-trading-ban-2022-9\" target=\"_blank\" rel=\"noopener\">Combatting Financial Conflicts of Interest in Government Act<\/a>\u201d Tuesday. But House Democratic leaders said this week that they need time to read and revise the bill. \u201cWe 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,\u201d Democratic House Chief Deputy Whip Stephanie Murphy (D-FL) told <a href=\"https:\/\/punchbowl.news\/archive\/92822-punchbowl-news-am\/\" target=\"_blank\" rel=\"noopener\">Punchbowl News<\/a>.<\/p>\n<p>Democratic Majority Whip Steny Hoyer (D-MD) <a href=\"https:\/\/www.cnn.com\/2022\/09\/29\/politics\/steny-hoyer-congress-stocks-ban-lawmakers-bill\/index.html?utm_term=link&amp;utm_medium=social&amp;utm_content=2022-09-29T19%3A05%3A05&amp;utm_source=twCNNp\">told reporters<\/a> Thursday that there would be \u201cprobably no vote\u201d on the bill this week.<\/p>\n<p>Spanberger is in a closely contested race against Republican challenger Yesli Vega. The contest is currently listed as \u201clean Democratic\u201d by the <a href=\"https:\/\/www.cookpolitical.com\/ratings\/house-race-ratings\">Cook Political Report<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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.\u00a0Abigail Spanberger\u00a0(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 &#8230;<\/p>\n","protected":false},"author":1,"featured_media":1530639,"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-1667180","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\/1667180","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=1667180"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1667180\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1530639"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1667180"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1667180"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1667180"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}