
John, we have to wonder who inspired who.
Representatives John James (R-Mich.) and Shri Thanedar (D-Mich.) both serve the Detroit metropolitan area. They probably fly out of the same airport to get to and from work in our nation’s Capitol, enjoy the same great pizza spots, and cheer for the same sports teams.
For neighboring congressional districts, that’s not surprising. But there is one other thing the two have in common, and they probably don’t like that we’re talking about it.
Last year, Rep. James failed to disclose over 100 stock trades, and only filed them once he was exposed in a Detroit News article. The timing was suspicious at best, with some of the controversial disclosures being filed as much as six months late amid a close re-election bid.
Now, we’ve learned that Rep. Thanedar bought shares of a Bitcoin treasury company and did not disclose them until well over a year later. As Congress has been debating cryptocurrency regulations, he has stood to benefit, and his shares are worth almost double what he bought them for.
We’re not just here to grill one party or another over this corrupt behavior. Congressional stock trading is wrong, no matter who does it, and we’re going to keep calling it out.
Michiganders, like all Americans, deserve better from their leaders. That’s why we’re supporting the End Congressional Stock Trading Act. When Congress is in session again, we’ll be making our biggest push yet — which means we need to send action alerts to supporters just like you. Can you chip in today to support our efforts to end financial corruption in Congress for good?
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Together, we can work towards a less corrupt future,
Ban The Trade |