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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsPA-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, NPRs 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/
AZJonnie
(2,918 posts)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
Wiz Imp
(9,088 posts)malthaussen
(18,427 posts)I know, I know, it's because voters are romantics -- they think this time will be different.
-- Mal
SeattleVet
(5,838 posts)'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...