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RandySF

(81,398 posts)
Sun Aug 3, 2025, 10:17 PM Aug 2025

PA-08: Republican reportedly worth $69 million, who ran on banning congressional stock trading, refuses to stop doing it

U.S. Rep. Rob Bresnahan (R-PA) has gone back on his campaign promise to ban congressional stock trading, and he plans to keep trading stocks himself, saying he will “lose money and go broke” if he stops trading.

During an interview with WVIA, NPR’s Northeastern Pennsylvania affiliate, released on Thursday, Bresnahan indicated that he will not stop trading stocks. Bresnahan, who claims that his stocks are traded by money managers, told Borys Krawczeniuk he will not order them to stop trading for fear of losing money in his accounts and “going broke.”

“And do what with it? Just leave it all in accounts, and just leave it there and go broke?” Bresnahan asked.

Bresnahan has a reported net worth of $69 million, according to the American Journal News.




https://heartlandsignal.com/2025/08/01/republican-reportedly-worth-69-million-who-ran-on-banning-congressional-stock-trading-refuses-to-stop-doing-it/

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PA-08: Republican reportedly worth $69 million, who ran on banning congressional stock trading, refuses to stop doing it (Original Post) RandySF Aug 2025 OP
What IF (and I'm just spitballing here Mr. Bresnahan) you just, I dunno, resigned from Congress? AZJonnie Aug 2025 #1
Well, he's all but guaranteed to lose his seat in 2026. Wiz Imp Aug 2025 #2
Why do the voters fall for these obvious lies? malthaussen Aug 2025 #3
If you leave it there and don't trade you'll go broke? SeattleVet Aug 2025 #4

AZJonnie

(2,918 posts)
1. What IF (and I'm just spitballing here Mr. Bresnahan) you just, I dunno, resigned from Congress?
Mon Aug 4, 2025, 03:00 AM
Aug 2025

Then you can totally trade, to your hearts content?

Too complicated a plan, Congressman? You need me to break it down further for you, I know it's a pretty arcane scheme

malthaussen

(18,427 posts)
3. Why do the voters fall for these obvious lies?
Mon Aug 4, 2025, 02:07 PM
Aug 2025

I know, I know, it's because voters are romantics -- they think this time will be different.

-- Mal

SeattleVet

(5,838 posts)
4. If you leave it there and don't trade you'll go broke?
Mon Aug 4, 2025, 02:44 PM
Aug 2025

'Buy and Hold' was a good investment strategy, until now?

Are you trying to let us know that tRump is going to completely tank the economy?

Just asking questions...

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