New reporting indicates that Republican Sen. Markwayne Mullin (Oklahoma) — who is President Donald Trump’s pick to head the Department of Homeland Security (DHS) — profited from stocks in oil and security companies that he invested in just days before U.S. military strikes in Venezuela and Iran. In a Truth Social post earlier this week, Trump said that he would be reassigning current DHS…
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An analysis of a stock trading ban supported by President Donald Trump demonstrates that the bill would do very little to curtail insider trading, essentially rendering the proposal meaningless. Trump told Congress at his annual State of the Union address that he wanted a bill passed that would ban lawmakers from taking advantage of loopholes that allow for insider trading.
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Amid pressure from both Democrats and members of his own party, Republican Speaker of the House Mike Johnson (Louisiana) insisted he was in favor of stricter rules regarding insider trading in Congress, but stopped short of expressing support for an outright ban on stock trading for lawmakers. The statement from Johnson, reported on by Punchbowl News’s Jake Sherman…
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Ninety former members of Congress today urged U.S. House leaders to quickly pass legislation that would “eliminate the persistent appearance of insider trading among members of Congress,” according to a letter obtained by OpenSecrets. In the letter, the former federal lawmakers — Democrats, Republicans and independents alike — tell Speaker Mike Johnson (R-La.) and Minority Leader Hakeem…
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