Photo: Tom Williams/CQ-Roll Call, Inc via Getty Images On Wednesday, as President Biden’s agenda faltered again in the Senate, Speaker of the House Nancy Pelosi came out swinging. Not against Joe Manchin or the business interests he mollifies, but against a ban on members of Congress being able to trade stocks. “This is a free market, and people — we are a free-market economy.
Evidence suggests that Ocasio-Cortez has a valid point. Drew Hammill, a spokesperson for Pelosi, said the speaker does not own any stocks herself — but her husband does, and his portfolio adds greatly to her familial wealth. His trades have attracted public attention in the past: Investors on TikTok follow his moves closely, looking for signs because he is the spouse of the Speaker.
Pelosi should know that too. Wednesday’s attitude is a particularly bad look for her. She is an exceptionally wealthy person in addition to being Speaker of the House. There’s no reason a wealthy person can’t serve the public interest; Pelosi belongs to the party of Franklin Delano Roosevelt, famously a “traitor to his class.” Her position, however, is poorly suited to the legacy of FDR.
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moderates of both parties want politicians that work for our government not for themselves or the lobbyists that support their corporate capitalist efforts.
The greed is too strong to deny here…
Let's not conflate every day 'trading stocks' with using top secret information for profit.
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House Speaker Nancy Pelosi opposes banning Congress members from owning individual stocks: 'We're a free-market economy'Speaker Pelosi dismissed the idea of banning congressional lawmakers and their spouses from owning stock shares of individual companies. “We’re a free-market economy,” Pelosi said. “They should be able to participate in that.” - CNBC CNBC That did it for me, SpeakerPelosi has got to go. If the corruption is OK at the top, things will never change. CNBC Fear will only make you keep on watching while your opportunities pass you bye. Invest on crypto/forex trade and make money in minutes, if you don't know how to go about it worry not Mr abrantesrene can guide you just contact him CNBC Nope. Let them play the market when they retire.
Source: NBCNews - 🏆 10. / 86 Read more »
House Speaker Nancy Pelosi opposes banning Congress members from owning individual stocks: 'We're a free-market economy'Speaker Pelosi dismissed the idea of banning congressional lawmakers and their spouses from owning stock shares of individual companies. “We’re a free-market economy,” Pelosi said. “They should be able to participate in that.” - CNBC CNBC That did it for me, SpeakerPelosi has got to go. If the corruption is OK at the top, things will never change. CNBC Fear will only make you keep on watching while your opportunities pass you bye. Invest on crypto/forex trade and make money in minutes, if you don't know how to go about it worry not Mr abrantesrene can guide you just contact him CNBC Nope. Let them play the market when they retire.
Source: NBCNews - 🏆 10. / 86 Read more »
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