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6:26Now PlayingRepublican congressman, Rob Bresnahan, who ran for congress on platform that he would create legislation to ban congressional stock trading is back in spotlight after reports prove he has made over 530 traders since taking office making him one of the most prolific traders in Congress. Jordan Uhl and Trae Crowder break it down on The Damage Report. Leave a comment with your thoughts below!
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He said he'd ban stock trading in Congress. He's made more than 530 trades since taking office.
"Rep. Rob Bresnahan said he would ban stock trading when he got to Congress. Since the Pennsylvania Republican took office in January, he's traded securities at least 530 times.
Forty of those trades, worth at least $166,000, were made after May 6, when he announced that he would move his assets into a blind trust.
Business Insider reviewed 11 periodic transaction reports that Bresnahan has filed since January. His investments run the gamut, from tech companies like Meta and Alphabet to energy companies like ExxonMobil and ConocoPhillips.
Like fellow Republican Rep. Marjorie Taylor Greene of Georgia, Bresnahan has said that he does not make those trades himself and that his portfolio is managed by an outside third party.
Bresnahan has apparently continued to allow that advisor to make trades on his behalf, even after his trades began to draw significant media scrutiny two months ago."
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