After House Minority Leader Kevin McCarthy (R-Calif.) proposed possible new legislation to limit the practice of insider stock trading among members of Congress, even some within his own ranks have anonymously voiced their opposition to such a plan.
As reported by the New York Post, McCarthy first made the suggestion to Punchbowl News, suggesting such a bill as one of many things he would want to see introduced if the GOP retakes the majority in November. Among other things, his proposal would restrict members to only holding professionally managed funds, as well as prohibit lawmakers from owning stocks in companies that are overseen by committees they serve on.
McCarthy pointed to the example of House Speaker Nancy Pelosi (D-Calif.), who has a net worth of over $100 million, and whose husband was found to have traded millions more worth of tech stocks. “I just think if you’re the Speaker of the House, you control what comes to the floor, what goes through committee, you have all the power to do everything you want,” McCarthy said on Tuesday. “You can’t be trading millions of dollars.”
Larry Elder said Friday that if he is elected California governor in the state recall of Democratic Gov. Gavin Newsom, he will replace Sen. Dianne Feinstein (D-Calif.) with a Republican.
Elder told the “Mark Levin Show” that George Soros, President Biden, Vice President Harris, and Sen. Elizabeth Warren (D-Mass.) are getting involved in the California recall election because they’re concerned about the balance of power in the Senate.
Tennessee Education Commissioner Penny Schwinn interned for U.S. Sen. Dianne Feinstein (D-CA) almost 20 years ago, according to a resume that Schwinn posted online.
Schwinn posted that resume to a document more than 10 years ago.
Democratic California Sen. Dianne Feinstein praised China Thursday as a country “growing into a respectable nation” and cautioned against holding the country accountable for the coronavirus pandemic.
“We hold China as a potential trading partner, as a country that has pulled tens of millions of people out of poverty in a short period of time, and as a country growing into a respectable nation amongst other nations. I deeply believe that,” Feinstein said during a Senate Judiciary Committee meeting Thursday, according to the Washington Free Beacon.
Rep. Dianne Feinstein on Thursday called Tara Reade’s sexual allegations against former Vice President Joe Biden “ridiculous” and said she does not believe her.
The California Democrat discussed Reade’s allegations before reporters, and said Reade’s are “totally different” from the sexual assault allegations Christine Blasey Ford made against Supreme Court Justice Brett Kavanaugh.