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House GOP pushes back after McCarthy pitches stock trade restrictions
Nypost ^ | 01/11/2021 | Juliegrace Brufjke

Posted on 01/11/2022 5:38:10 PM PST by ChicagoConservative27

A suggestion by House Minority Leader Kevin McCarthy (R-Calif.) that he may seek to limit lawmakers’ ability to trade individual stocks if the GOP takes the majority this November is going over like a 500-point Dow drop among his members.

McCarthy told Punchbowl News that he is considering a range of ideas, from restricting members to only holding professionally managed mutual funds to barring lawmakers from owning stocks of companies overseen by their committees. He added that deliberations are still at an early stage and no final decisions have been made.

(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events; Politics/Elections
KEYWORDS: gop; mccarthy; stock; trade
They are all in on the scam
1 posted on 01/11/2022 5:38:10 PM PST by ChicagoConservative27
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To: ChicagoConservative27

We need to primary all 145 that voted for Liz Cheney in Feb.


2 posted on 01/11/2022 5:39:54 PM PST by Lurkinanloomin ( (Natural born citizens are born here of citizen parents)(Know Islam, No Peace-No Islam, Know Peace)
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To: All

Well I’ll hand it to them that they didn’t even bother lying to us about it.


3 posted on 01/11/2022 5:42:06 PM PST by escapefromboston (Free Chauvin)
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To: ChicagoConservative27

I agree. Let’s put a stop to this. It is unethical.


4 posted on 01/11/2022 5:43:35 PM PST by Karoo
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To: ChicagoConservative27

Grifters gonna grift.


5 posted on 01/11/2022 5:46:22 PM PST by stratboy
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To: ChicagoConservative27

He is going to have to compromise to get that approved.

Offer Congress a bonus based on the increase in the mean after tax real wages of Americans.

In return they can’t hold or trade stocks.

That would align their interests with ours.

Or maybe just prevent them from holding foreign stocks in the beginning.

Prevent them from voting on any issue relating to a stock holding they own.

There are plenty of ways to start small and incrementally impose the restrictions.

Does McCarthy even have the power to do this? Won’t the House have to vote on it?


6 posted on 01/11/2022 5:46:27 PM PST by DannyTN
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To: DannyTN

No. HE is not going to have to do anything.

HE should be primaried, and HE survives that, he should not win a vote for Speaker. Pick a conservative — and be sure we realize conservative means Build The Wall, Drain The Swamp, and America First In All Things.

It doesn’t mean lower taxes and assert American force overseas to protect “American Interests”. That is Swamp Talk.


7 posted on 01/11/2022 5:53:51 PM PST by Owen
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To: ChicagoConservative27
How about this?

All elected officials, and their immediate families, must be audited continually for the next twenty years, after their term limited time in office. If .01 cent of unexplained profit appears, connected within 4 degrees of separation of anyone they had contact with while in office, they die, screaming, on pay TV.

It would discourage the profitable incest, encourage more honest public officials, or create better and more clever crooks.

8 posted on 01/11/2022 6:35:07 PM PST by jonascord (First rule of the Dunning-Kruger Club is that you do not know you are in the Dunning-Kruger club.)
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To: Lurkinanloomin

“We need to primary all 145 that voted for Liz Cheney in Feb.”
THIS STATEMENT CANNOT BE VOICED OFTEN ENOUGH!!! As another Freeper states very often, RINO’s, ASSISTANT DEMOCRATS must be defeated! This should be a Priority. More important than defeating Communist Dems. Eliminating the Enemy Within is of Utmost Importance.


9 posted on 01/11/2022 6:45:28 PM PST by ocrp1982
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To: jonascord

I think members of congress should have to publish their tax returns. Isn’t this what they hounded President Trump for throughout his term?


10 posted on 01/11/2022 7:56:31 PM PST by virgil (The evil that men do lives after them )
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To: ChicagoConservative27

Well, in their defense, how the heck are they supposed to get by while serving in Congress? Can’t fix parking tickets. Can’t get zoning issues straightened out.

How are they supposed to make a living?


11 posted on 01/11/2022 7:59:14 PM PST by The Antiyuppie (When small men cast long shadows, then it is very late in the day.)
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To: The Antiyuppie

you think they run for office to make our country better? They run to get filthy rich by doing virtually nothing. It’s all part of the scam.


12 posted on 01/12/2022 2:46:52 AM PST by pawpawrick (I had a life once but my job ate it)
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