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.”
Arizona Gov. Doug Ducey and the Arizona National Guard did respond to queries from The Arizona Sun Times regarding whether Arizona would follow the lead of Oklahoma and its National Guard decision not to enforce the Pentagon’s COVID-19 vaccine mandate.
A source familiar with the Arizona National Guard’s vaccine policy told that commanders in the Arizona National Guard have already begun ordering troops to get the vaccine.
The source said based on their understanding of the internal dynamics of the Arizona Guard Ducey could reverse this vaccination push and follow Oklahoma’s lead.
While Ducey remains silent, Arizona Attorney General Mark Brnovich, now running for the 2022 GOP Senate nomination, sued the Biden administration twice over the mandate.
Top American military leaders are set for another round of intense congressional grilling on Wednesday, following a day-long Tuesday session that at times featured blistering criticism of their part in the U.S. exit from Afghanistan.
The Tuesday hearing placed on the griddle Defense Secretary Lloyd Austin; U.S. Central Command Chief Gen. Frank McKenzie; and Chairman of the Joint Chiefs of Staff Gen. Mark Milley.