MSNBC anchor Stephanie Ruhle ripped House Speaker Nancy Pelosi on Monday night for slow-walking proposed laws that will bar members of Congress from trading stocks while in office.
Ruhle criticized the speaker during a conversation with Democratic Rep. Abigail Spanberger of Virginia – one in all several lawmakers who has submitted proposals that will ban Congressional stock trading.
“It’s legal to be sleazy, especially on this case for members of Congress. She wrote this laws in 2020. Nancy Pelosi has had months and months and months to bring this thing to the ground,” Ruhle said during MSNBC’s “The eleventh Hour.”
Ruhle identified at that Congress will go on recess Sept. 30, giving lawmakers a limited window to contemplate a stock-trading ban before the present session ends.
“You’ve got somewhat over two weeks. Is there any probability Speaker Pelosi brings this thing to a vote? You’ll be able to’t blame Republicans on this one,” she added.
Speaker Nancy Pelosi initially questioned the necessity for a ban.Los Angeles Times via Getty Imag
Spanberger and Rep. Chip Roy (R-Texas) have co-sponsored a bill that will ban lawmakers from trading stocks and require each them and their close relations to put assets in a blind trust while in office. The proposals are meant to handle mounting concerns concerning the potential for insider trading involving sensitive information discussed in closed-door briefings.
Spanberger agreed with Ruhle’s point, noting her bill has garnered bipartisan support and “greater than 67 co-sponsors, Democrats and Republicans, across the ideological spectrum.”
“What I can let you know is that this: if the speaker desired to bring it for a vote this week or this month, she definitely could. And so we`ve seen type of stall tactics along the best way,” Spanberger said.
Stephanie Ruhle and Rep. Abigail Spanberger discussed her proposed Congressional stock trading ban.MSNBC
The Post has reached out to Pelosi’s office for comment.
Mediaite was first to report on the segment.
Pelosi has faced mounting bipartisan pressure to maneuver laws forward – with critics pointing to her husband Paul Pelosi’s stock trades as a possible conflict of interest.
Spanberger’s bill has drawn bipartisan support.MSNBC
The speaker has also drawn scrutiny over her lukewarm response to calls for tightened laws. Pelosi initially signaled she was against a ban that singled out lawmakers, but later softened her stance and suggested she would support a bill if it drew backing from Congressional colleagues.
A recent evaluation found that almost 20% of Congressional lawmakers made stock trades related to industries they oversaw through committee assignments.