House Dems Say Trading Stock Should Stop
House Democrats are beginning to call out their colleagues for holding and trading individual stock while in office. First, it was AOC, but yesterday vulnerable Virginia Representative Abigal Spanberger joined in saying, "No. It cannot be a perk of the job for Members to trade on access to information."
For months, Cindy Axne has been facing criticism for her sketchy stock dealings. Here's the timeline:
- In September, the nonpartisan Campaign Legal Center filed a report accusing Axne of illegally hiding stock trades.
- Last week, Sludge called Axne out for trading stocks in companies she oversees in Congress.
- On Monday, Insider released their "Conflicted Congress" ratings claiming Axne violated the STOCK Act over 40 times.
"Iowans see this for what it is: problematic," said Republican Party of Iowa Communications Director. "Axne is now facing criticism from both sides and Iowans will holder her accountable for enriching herself in 2022."