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GOP Sen. Curtis voices concern over Tulsi Gabbard nomination

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Unearthed audio appears to contradict Rep. Rob Bresnahan’s stock trading claims

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Rep. Rob Bresnahan (R-Pa.), who’s faced a firestorm over hundreds of stock trades after campaigning in 2024 on a promise to ban congressional stock trading, has insisted he doesn’t talk to his financial adviser about the activity and that he has no input on them.

But a little-noticed local radio interview from last April contradicts a significant part of Bresnahan’s line on the market moves.

When asked last spring about the trades after a New York Times story highlighted how he flip-flopped on the campaign pledge, he told the host, Bob Cordaro, “I mean, I meet with my financial adviser. We talk about, you know, what different positions are coming up.”

The interview — which is no longer available on the website for Cordaro’s show — is starkly different from Bresnahan’s previous statements about the trading he and his spokespeople have made on multiple occasions in the last year.

Bresnahan campaign spokesman Chris Pack said Bresnahan’s comments were “referring to 30,000 foot investment strategy and not about stock trades, and that is clear in the surrounding context of the interview.”

One Democratic operative aware of the audio, granted anonymity to speak candidly about campaign strategy, predicted that Bresnahan’s own words in the interview could be used in ads against him ahead of the November midterms when he’ll take on Scranton Mayor Paige Cognetti in a highly competitive district. Cognetti lists banning congressional trading as her first issue on her campaign website.

In June, when pressed about the topic by a constituent during a tele-town hall, Bresnahan said, “I think you need to know that the trades are being executed on my behalf. I do not have any dialogues with my financial advisers.” In July, he said he provided “absolutely no investment advice or input to my financial advisers.”

A month later, he inserted a line in his Periodic Transaction Reports in which he asserted: “All investment decisions related to my personal financial portfolio are delegated to professional financial advisors. I have no role in, nor am informed of, specific investment decisions prior to their execution.” Members of Congress are required to file the reports to disclose Wall Street transactions.

During a time of public distrust of Congress, the issue of congressional stock trading has become a symbol of members appearing to enrich themselves based on inside information that they learn in office. Even President Donald Trump called for a ban on this type of trading during his State of the Union address. Both parties have competing proposals to reform the practice but action is currently stalled.

Bresnahan’s congressional spokesperson, Hannah Pope, told the New York Times in August that the trades are done by a financial adviser without his input. He learns about them when the public does through reports that members of Congress have to file on their trading, she said.

In the April interview with Cordaro, he was asked by the friendly conservative host: “Sum and substance, you’re saying, ‘Look, I did not buy and sell on information I’ve gleaned here in Congress. My adviser’s doing my trading for me, and I am duly reporting it.’ Is that fair?”

Bresnahan responded by saying, “Absolutely. Absolutely. Right hand to God on my mother’s life. Without a question.” He then said he sometimes learns about the trades on X accounts that track congressional stock trading reports. “I’m not on a day by day, minute by minute. I mean, I meet with my financial adviser. We talk about, you know, what different positions are coming up.”

Bresnahan then says he “actually even took it a step further” and is exiting his real estate holdings in Pittston, a city in his district, to avoid conflicts of interests in his congressional work.

Pack, the Bresnahan campaign spokesperson, called questions about his investing “a ridiculous stretch.”

“To imply that Rob having the equivalent of a routine annual 401(k) meeting with his financial advisers to discuss risk tolerance amounts to insider trading would mean that every member of Congress or congressional staffer who discusses risk tolerance as part of their retirement planning is also engaged in insider trading,” he said.

“Does this same standard apply to Goldman Sachs banker Paige Cognetti, whose financial disclosure reports list millions of dollars in investment holdings, and whether she has routine conversations with her financial adviser about long-term strategy?” (Cognetti worked for Goldman Sachs between 2014 and 2016.)

When asked about Blue Light News’s reporting on Bresnahan, Ted Rossman, a principal analyst at Bankrate.com, said that different financial advisers have different ways of working with clients to maximize portfolio growth, with some talking to clients about individual stock positions and others being more general.

“But even if it’s not a direct order to buy or sell a certain amount of an individual company, just sharing thoughts on themes in the market and the economy could be problematic politically since members of Congress have information that the average public is not privy to,” said Rossman.

Bresnahan, who comes from a wealthy Pennsylvania construction family, has bemoaned the controversy, raising the question in July that if he stopped trading, he could lose money. “And then do what with it? Just leave it all in the accounts and just leave it there and lose money and go broke?”

When running for Congress in 2024, Bresnahan campaigned on a pledge to ban congressional stock trading, writing in a letter to a local newspaper that “the idea that we can buy and sell stocks while voting on legislation that will have a direct impact on these companies is wrong and needs to come to an end immediately.” But last year he was one of the most prolific stock traders in Congress, making more than 600 stock trades in 2025 before suspending the trading toward the end of the year after much criticism.

Among his trades at issue have been the sale of Pennsylvania health care-related bonds worth between $100,001 and $250,000 and stock in four Medicaid providers worth up to $130,000 before he voted on massive Medicaid cuts. Democrats seized on clips of the Bresnahan trades that Texas Democratic Senate candidate James Talarico brought up on Joe Rogan, during a discussion of how broken Washington was, and even on conservative channel OAN.

The trades have also been noticed by his constituents, with 54 percent of voters in his swing district knowing about the trades in an August Public Policy Polling poll commissioned by Democratic group House Majority PAC. House Republicans also have privately raised concerns about the issue hurting Bresnahan, who has since introduced his own legislation to ban stock trading.

His trading has made its way into the campaign. A seven-figure TV ad campaign is already underway that cites his Medicaid-related stock trades. Cognetti, who does not own any individual stocks, featured Bresnahan’s stock trading as one of her main issues in her announcement video.

During the tele-town hall in June, one woman who said she had voted for him confronted Bresnahan, telling him, “You’re making all these trades … I thought you were supposed to stop trading,” adding, “I didn’t send you there to trade.”

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Trump is delaying Texas Senate endorsement to pressure GOP senators on SAVE America Act

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President Donald Trump is delaying his endorsement in the Texas Senate GOP primary to ramp up pressure on Republican senators to pass his high-priority voting restrictions bill, according to two people close to the White House granted anonymity to speak candidly.

Trump had been prepared to quickly endorse John Cornyn after the Texas senator outperformed expectations and finished ahead of Paxton, Texas’ attorney general, in last week’s primary, the people said. But Paxton managed to at least forestall that outcome when he announced Friday that if the Senate passes the bill he would drop his campaign.

Paxton’s last-ditch gamble highlighted an area where he agrees with Trump while poking at a sore spot between the president and Senate Republican leaders who have been begging Trump for months to back Cornyn. And it changed the dynamics inside the White House, according to the two people, an operative close to the White House and an administration ally.

The White House did not respond to a request for comment.

“I think that was a very smart strategy because it bought time. Because now, if you’re the White House or Trump, why would you now weigh in?’’ said the Republican operative. “Trump has remained very steadfast that he wants this done, and that is a huge priority, and he’s getting pissed off at these members and at [Senate Majority Leader John] Thune.”

Trump posted last Wednesday, the day after the primary, that he would endorse “soon” in the race — and wanted to see whoever he didn’t back drop out of the runoff.

He told House Republicans Monday in a speech at their annual legislative retreat in Florida that SAVE America is his “No. 1 priority” on the congressional agenda this year

Paxton, a favorite of the far right with strong MAGA grassroots backing, initially said he would not end his campaign even if Trump backed Cornyn. Trump responded in an interview with Blue Light News last week that the comment was “bad for him to say,” and reiterated he would announce his pick soon.

But Paxton soon came up with an offer: He would step aside if the Senate moved the voting restrictions bill that passed the House but has stalled in the Senate. Republicans lack the necessary 60 votes to break the filibuster to pass the bill and don’t have the bare majority needed to alter Senate rules. Cornyn has long been one of the Republicans who hasn’t supported ending the filibuster but has said he backs the SAVE America Act.

Paxton’s gambit caught the attention of the president, who on Monday declared the SAVE America Act should be the GOP’s “No. 1 priority” during a speech to House Republicans in which he dedicated 13 minutes to the issue.

The president also was irritated when news articles from Axios and The Atlantic published Wednesday declaring that Trump was “expected” to endorse Cornyn, according to the Republican operative. A Blue Light News story stated earlier that morning that Trump would likely endorse soon, with a source predicting he wouldn’t back Paxton. Trump and others in his orbit hate when stories get out ahead of official announcements.

The move paid off for Paxton by giving his allies more time to voice their displeasure to the White House at the possibility that Trump would be swayed by pro-Cornyn establishment Republicans in Washington.

That pressure campaign has ramped up in recent days since reports surfaced Trump was close to backing Cornyn. The administration ally said Paxton’s allies are mounting a “big counter-offensive.”

Those pushing against a Cornyn endorsement include Texas donors, according to a Paxton campaign aide.

“The grassroots donor community in Texas did not believe or realize how close Trump was endorsing Cornyn,” said a Paxton campaign aide, granted anonymity in order to speak freely. “Once they realized that the threat was real, they went very hard in the paint.”

A Cornyn campaign aide declined to comment.

While donors work the White House behind the scenes, Paxton also has allies making their case online like conservative influencers Laura Loomer, Jack Posobiec and Caroline Wren, who have blasted Cornyn and touted Paxton. They have warned that a Trump endorsement for Cornyn would mark a betrayal to the MAGA base.

“The Republican establishment is just as guilty as controlled opposition in the destruction of this republic, and exhibit one is John Cornyn,” Steve Bannon, longtime MAGA whisperer, said on Monday on his latest War Room podcast.

Cornyn and his allies have scrambled to respond. On Saturday, Cornyn posted on X, while tagging Trump’s account, that he had supported the SAVE America Act “from day one.” Cornyn declared he “will happily support the ‘talking filibuster’ if that’s what it takes to pass this into law” — a shift from the skepticism he voiced about the feasibility of the talking filibuster just a few weeks ago. He got backup from other Republicans — including from Sen. Mike Lee (R-Utah), a MAGA ally who is leading the charge for the bill in the Senate, who vouched for Cornyn’s support.

But on Monday, Thune poured cold water on Trump’s hopes once again, stating that formally nuking the legislative filibuster is “not going to happen” and arguing that a talking filibuster without forcing through a rules change is “way more complicated” than people realize.

Cornyn’s supporters believe he still remains in a strong position to receive the president’s backing, especially since Democrats nominated state Rep. James Talarico, a pick that even Republicans say is a formidable general election candidate. Many national Republicans say putting forward Paxton would be an expensive endeavor that would risk the seat and could cost them the Senate, as his past ethics issues and personal scandals make him a vulnerable candidate.

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House rejects Nancy Mace’s push for sexual harassment disclosure

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House rejects Nancy Mace’s push for sexual harassment disclosure

Top Ethics Committee leaders said it would “chill” cooperation from victims and witnesses…
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