Pelosi flips on stock bans, greenlighting plan to ban Congress from trading

THE DEMOCRATIC DIVIDE IS ONCE AGAIN REARING ITS HEAD.
THIS TIME WHEN IT COMES TO BANNING STOCK TRADing FOR MEMBERS..
Something we looked at in a recent get this straight.
SPEAKER NANCY PELOSI ANNOUNCED SHE HAS TOLD THE HOUSE ADMINISTRATION COMMITTEE TO START RESEARCHING IT.
BUT VIRGINIA DEMOCRAT ELAINE LURIA TOLD PUNCHBOWL THE WHOLE IDEA OF THIS IS “BULLSHIT.”
AND JUST TWO  MONTHS AGO.. PELOSI AGREED WITH HER ON PRINCIPLE.
TAKE SOT-Nancy PELOSI
<<”This is a free market and people – we are a free market economy. They should be able to participate in that,”>>
Annie Andersen:
BUT NOW…
TAKE SOT- Nancy PELOSI
<<“We have to do this to determine something that we see as a problem, but it is a confidence issue.”>>
Annie Andersen:
LURIA SAYS THE BAN IMPLIES VOTERS ASSUME MEMBERS ARE GOING TO MAKE STOCK TRADES THAT BENEFIT THEMSELVES.
IT SHOULD BE NOTED… LURIA AND HER HUSBAND HAVE MILLIONS OF STOCK IN FACEBOOK, ​NVIDIA AND NETFLIX.
CONGRESS ALREADY HAS THE STOCK ACT.. WHICH SAYS MEMBERS, THEIR SPOUSES AND DEPENDENT KIDS MUST PUBLICLY REPORT STOCK TRADES..
75 PERCENT OF VOTERS IN A RECENT POLL SAY THAT EVEN WITH THAT… MEMBERS HAVE AN UNFAIR ADVANTAGE WHEN IT COMES TO THE STOCK MARKET… SAYING THEY SHOULDN’T BE ALLOWED TO MAKE TRADES.
SENATE MINORITY LEADER Mitch McConnellSAID HE DOESN’T KNOW ENOUGH ABOUT THE PROPOSALS TO COMMENT.. BUT THAT HE IS AWARE HOW STOCK TRADES CAN LOOK.
TAKE SOT- SEN. MITCH MCCONNELL
<<”I can just tell you how I operate. I don’t own any individual stocks. Everything is done  in a mutual fund. That’s what I advise members to do because I think it prevents such suggestions that you are engaged in insider trading.”>>
Annie Andersen:
THERE ARE SEVERAL BILLS.. FROM BOTH SIDES OF THE AISLE… ABOUT THIS ISSUE AND PELOSI SAID SHE WANTS TO TAKE THE BEST PARTS OF ALL OF THOSE FOR THE PROPOSAL.
TAKE SOT- Nancy Pelosi
<<“we have to tighten the fines on those who violate the Stock Act.  “It’s a bit, it’s simply not sufficient to deter behavior.”>>
Annie Andersen:
THIS ISSUE IS A DIVISIVE one.. BUT IT isn’t really a partisan one… a change for Capitol Hill.
Straight from dc I’m AA