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.”
Democratic candidates Raphael Warnock and Jon Ossoff claimed victory in their respective U.S. Senate runoff elections as vote counting continued. Warnock declared that he’d won late Tuesday evening, while Ossoff waited until Wednesday morning to declare his win.
At the time of press with over 98 percent reporting in for both races, Warnock led Republican incumbent Kelly Loeffler (R-GA) by over 55,600 votes, or just over 1 point. Ossoff led Republican incumbent David Perdue (R-GA) by over 18,400 votes, or just over half a point.
President Donald J. Trump is closely monitoring the election results in Georgia’s U.S. Senate runoff from Tuesday night, and decried several instances of possible malfeasance in the vote counting process.
“Looks like they are setting up a big ‘voter dump’ against the Republican candidates. Waiting to see how many votes they need?” he tweeted at 10:28pm.
Just days before the statewide U.S. Senate runoff in Georgia, confusion over obtaining absentee ballots remains.
“Georgians who are over the age of 65, members of the military or are physically disabled have the option of receiving absentee ballots for an entire election cycle by submitting a single application,” Atlanta radio station WABE reported in November.
A runoff election may very well be the closest thing in politics to extra innings in baseball, and with control of the Senate at stake, the GOP in Georgia hopes an appeal to America’s pastime will help keep the majority Republican.
This would explain why Sens. Kelly Loeffler and David Perdue are talking baseball in December.
President Donald Trump spoke to raucous crowd of tens of thousands of Georgia voters Saturday evening in Valdosta, Georgia vowing to “never surrender,” in the important runoff in January.
Although Trump did not mention anything of a special session from Georgia Governor Kemp. As previously reported by The Georgia Star News, “legislators have petitioned for a special session ahead of the runoff election for several weeks.”
The president spoke on behalf of Republican Senators David Perdue and Kelly Loeffler. Both are running against Democratic candidates in the Georgia January 5 runoff election.
A majority of likely voters in January’s runoff election want Governor Brian Kemp to call a special session for absentee ballot signature verification. The poll, exclusively shared with The Georgia Star News, revealed that the bipartisan voters strongly desire a special legislative session addressing signature verification for every mail-in ballot.
The national survey research and strategic services company McLaughlin & Associates called 800 likely voters at the end of last month. The methodology was described as a random selection “to correlate with actual voter turnout in the November 3rd general election.”
Georgia’s incumbent Republican Senators Kelly Loeffler and David Perdue are facing close battles against Democratic candidates Raphael Warnock and Jon Ossoff. The winners will determine who keeps the majority or splits the Senate – and may impact the fundamental structure of American government.
In the race between Loeffler and Warnock this past week, the incumbent unleashed ads and a website criticizing Warnock’s policies and past. Loeffler accused Warnock to communist agendas and “anti-American” views, such as anti-gun sentiments.
Facebook and Google are banning political ads from their platforms with no exceptions allowed, at a time when two U.S. Senate seats are up for grabs in a Jan. 5 runoff election in Georgia that could help determine control of that chamber, NBC News reported.
The Democratic Senatorial Campaign Committee criticized the decisions, which they said, “amount to unacceptable voter suppression.”
Senator Kelly Loeffler (R-GA) launched a website, “Radical Raphael,” detailing her Democratic opponent Raphael Warnock’s policies and past. The homepage has a picture of Warnock, titled “Raphael Warnock: The Most Radical and Dangerous Candidate in America.”
The website is a hint of the contentious general election runoff between the two.
Georgia Republican Party Chairman David Shafer is reporting Democratic activists that invite temporary voters for the general runoff election. The chairman appeared on The John Fredericks Radio Show to discuss his role in current investigations concerning election integrity.
“Well, we are following up on Facebook posts [inviting individuals to establish temporary residency] and we’re reporting them to the appropriate authorities.”
Georgian voters have another opportunity to register to vote in time for the upcoming federal general election runoff on January 5. The ballot includes both U.S. Senate seats for Georgia: Republican incumbents Kelly Loeffler and David Perdue facing Democratic challengers Raphael Warnock and Jon Ossoff.
The deadline to register for the senatorial election runoff is December 7, and in-person voting will begin on December 14. Officials will begin mailing absentee ballots by November 18.
A glitch-prone voting software called Dominion Voting Systems (Dominion) was used in all 159 of Georgia counties. Dominion classified their presence in Georgia as a “statewide voting system rollout.”
This past week, Dominion has caused delayed voting and reporting results in Gwinnett County, Morgan County, and Spalding County. Gwinnett County is the same location a whistleblower claimed had ballot machines used that were missing security seals.
Republican Georgia Sen. Kelly Loeffler has turned over documents related to controversy over her stock-trading to the Securities and Exchange Commission, the Department of Justice and the Senate Ethics Committee, according to Politico.
The documents she submitted show that both she and her husband Jeffry Sprecher “acted entirely appropriately and observed both the letter and the spirit of the law,” a spokeswoman for Loeffler said in a statement to the Daily Caller News Foundation.
Almost 50 members of Congress, between both houses, made thousands of stock exchanges during the coronavirus outbreak in an effort to capitalize on the economic turmoil, according to a report by Politico.
U.S. Senator Kelly Loeffler, a Republican from Georgia, is the second senator who allegedly dumped stocks after being briefed on the financial disaster COVID-19 was likely to rain down on the stock market.