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Luna says she'll force House vote on member stock trading ban
Politico ^ | 07/29/2025 04:49 PM EDTUpdated: 07/29/2025 05:14 PM EDT | Meredith Lee Hill

Posted on 08/29/2025 11:58:08 AM PDT by E. Pluribus Unum

The GOP-led discharge petition could amplify Republican leaders' headaches this fall.

Luna is moving forward with the highly sensitive effort after internal talks over proposals to curb lawmaker trading have gone sideways on Capitol Hill, with Republicans themselves at loggerheads over the way forward after months of talks. The issue, however, is gaining new momentum among a bipartisan faction of members who argue a crackdown is necessary to root out corruption.

The House Ethics Committee concluded last week that Rep. Mike Kelly’s wife bought shares in the steelmaker Cleveland-Cliffs after Kelly’s office learned the Commerce Department was launching an investigation that could result in tariffs benefiting the company — before notice of the investigation was made public. Kelly, a Pennsylvania Republican, is a senior member of the Ways and Means Committee.

House Republicans also have privately raised concerns about Rep. Rob Bresnahan, another Pennsylvania Republican who has been a prolific stock trader after promising on the campaign trail to push a trading ban in Congress. Bresnahan has since introduced his own legislation and argues someone else manages the portfolio.

A discharge petition allows a majority of the House to sidestep the majority party leadership’s control of the floor agenda. Forcing a vote requires gathering signatures from 218 House members, but successful discharges are rare because it is considered a serious breach of party loyalty for majority members to sign them.

Luna already successfully pursued a discharge this year, over an effort to secure proxy voting for parents of newborns. But she agreed to back off her push after President Donald Trump intervened.

The uproar adds to the politically explosive challenges Johnson will face when lawmakers return from their recess. He’s already facing the threat of a separate discharge petition from Rep. Thomas Massie (R-Ky.) that would force a vote on a bipartisan...

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


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1 posted on 08/29/2025 11:58:08 AM PDT by E. Pluribus Unum
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To: E. Pluribus Unum

Corruption is life blood of career politicians. 99% become wealthy on government salary. Example Joe Biden.


2 posted on 08/29/2025 12:07:46 PM PDT by Bobbyvotes (Term limits will get rid of corrupt politicians faster than delivery of Jimmy Johns sandwich)
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To: E. Pluribus Unum

Nancy Pelosi and most democrats have been doing this for decades but politco didn’t care because the crooks had a “D” by their names. But a full story is offered here BECAUSE a Republican did what Democrats do, did, and are still doing.

There is not one conservative working at Politico...


3 posted on 08/29/2025 12:26:52 PM PDT by GOPJ (DEMOCRAT HELLHOLE CITIES HAD 60 YEARS TO DEAL WITH THEIR CRIMINAL PROBLEMS. Why didn't they?)
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To: E. Pluribus Unum

Or you could just trade alongside her with the Pelosi Autopilot Tracker.


4 posted on 08/29/2025 2:18:21 PM PDT by Mr. Blond
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