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Fox News
22-05-2025
- Business
- Fox News
Mace sounds off on stock trading in Congress, Pelosi remains silent: ‘Something doesn't add up'
Print Close By Peter Pinedo Published May 22, 2025 Rep. Nancy Mace, R-S.C., says she supports banning stock trading for sitting members of Congress "100%," saying, "we shouldn't be voting on things we can benefit from financially." Though supportive of efforts to curb the practice of trading by members of Congress, Mace, a staunch conservative, told Fox News Digital that she is not surprised the effort has been unsuccessful so far. "It's Washington. Washington is doing what it always does," she said, adding, "The establishment rules and … when you see the kind of returns members of Congress on both sides of the aisle are getting that the average American isn't, something doesn't add up." According to Quiver Quantitative, Mace has no reported stock trading activity and has a net worth of $3.4 million. WATCH: Leftist protesters flood Capitol Hill office building as 'big, beautiful' budget bill vote looms "I support it 100%. I don't trade stocks," said Mace. "I think I have learned since I've been up here that we can be market makers, and when we do bills, or we vote on things, or we do legislation, we shouldn't be voting on things that we could benefit from financially." Rep. Nancy Pelosi, D-Calif., meanwhile, declined to comment on her stance. According to Quiver Quantitative, the former speaker of the House, who has a net worth of a little over $261 million and, as of April 28, was reported as holding $119.9 million in stocks, has been heavily criticized for engaging in lucrative trading. When asked by Fox News Digital whether she would support banning lawmakers from trading stocks, Pelosi ignored the question and continued walking. HAWLEY REIGNITES 'PELOSI ACT' PUSH TO BAN LAWMAKERS FROM TRADING STOCKS This comes after Rep. Mark Alford, R-Mo., introduced legislation earlier this month that would ban congressional stock trading, serving as the House companion bill to Sen. Josh Hawley's, R-Mo., "PELOSI Act" in the Senate. Alford's proposed bill would ban lawmakers and their spouses from holding, purchasing or selling individual stocks while in office, but it allows investments in diversified mutual funds, exchange-traded funds or U.S. Treasury bonds. If passed, current lawmakers would have 180 days to comply with the legislation. Likewise, newly elected lawmakers must achieve compliance within 180 days of entering office. Under the proposed legislation, lawmakers who continue to make wrongful transactions would be required to hand over any profits they made to the U.S. Treasury Department. The House or Senate ethics committees could also impose a fine on such lawmakers amounting to 10% of each wrongful transaction. House Speaker Mike Johnson has also endorsed a stock trading ban, saying "a few bad actors" have ruined Americans' trust in lawmakers on the issue. President Donald Trump himself endorsed the same ban for members of Congress in an interview with Time magazine last month. "I watched Nancy Pelosi get rich through insider information, and I would be okay with it. If they send that to me, I would do it," he said of a trading ban. CALLS TO BAN CONGRESSIONAL TRADING PERSIST AMID RECENT STOCK MARKET VOLATILITY Democrats in the House of Representatives have also expressed support for a ban, with House Minority Leader Hakeem Jeffries, D-N.Y., throwing his weight behind the proposal last week. CLICK HERE TO GET THE FOX NEWS APP Rep. Thomas Massie, R-Ky., meanwhile, told Fox News Digital that he has an alternate solution that would allow legislators to trade stocks but would mandate that members of Congress wishing to do so to "put their money in escrow and announce the stock trade 24 hours before they make it." "Then they have to legally go through with the trade. So instead of not using the insider information, let's give it to everybody and let them front run the elected officials here," he said, smiling. Print Close URL
The Herald Scotland
07-05-2025
- Business
- The Herald Scotland
Two dolls instead of 30? Trump tariffs curb kids' addiction
Exactly. For years now, I've believed America's ungrateful children deserve, at most, three dolls and five pencils. Anything more spoils the little wretches and makes them happy. Smiling children will be useless on the assembly lines of all the U.S. factories that will be built thanks to Trump's tariffs. As the saying goes, "Stop smiling and screw in those tiny iPhone screws, child!" We need Trump to tell parents how many dolls and pencils they can buy When Trump first addressed doll rationing, he proposed a two-doll limit: "Maybe children will have two dolls instead of 30 dolls, you know, and maybe the two dolls will cost a couple of bucks more than they would normally." You can see how kind and generous Trump is because he quickly abandoned the two-doll proposal in favor of the aforementioned three-doll-per-child proposal. We are fortunate to have a billionaire in charge who allows the youth of America such extravagances, one who confidently tells parents not to worry about rising prices while humbly keeping his taxes low. Opinion: Is Trump in mental decline? He sounds far worse than Biden ever did. Aboard Air Force One on May 4, Trump said: "A young lady - 10-year-old girl, 9-year-old girl, 15-year-old girl - doesn't need 37 dolls. She could be very happy with two or three or four or five." Easy there, Mr. President. I don't think we need to get too loosey-goosey with the rules and start encouraging four or five dolls. Three should definitely be the maximum allowed. This is a time of 'shared sacrifice,' say the people who aren't sacrificing After all, we are in an economic moment that demands shared sacrifice, one that Trump created because he likes repeating the word "tariffs," as is his right. Republican Ohio Rep. David Joyce, who, according to the financial technology firm Quiver Quantitative, has a net worth of more than $4.5 million, said this on April 5: "The idea that the Christmas trade is already starting to slow down ... and there might be less around, I get it. I think the American people will understand that because the American people understand shared sacrifice." Correct. As the multimillionaire said, we Americans understand shared sacrifice. Like when we were asked to wear small face masks during a deadly global pandemic and everybody complied without a complaint or a single shout of "Tyranny!" Opinion alerts: Get columns from your favorite columnists + expert analysis on top issues, delivered straight to your device through the USA TODAY app. Don't have the app? Download it for free from your app store. To support Trump's tariffs, I'm sure all Americans will be 100% on board with doll rationing and making sure children don't exceed their annual pencil limit, particularly since pencils will soon cost $100 each. The president's children may have grown up amid untold opulence and probably solid-gold pencils, but that doesn't mean our yucky nonbillionaire children should be treated the same. What kind of spoiled child needs more than five pencils? Speaking of pencils, I applaud Trump's five-pencil-per-kid policy. When my children were growing up, they would sometimes come home from school with more than five pencils - six, seven ... even eight - and it disgusted me. I would say, "You there! The younger one. What are you doing with all those pencils? Who do you think you are, Donald Trump?" To which the younger one would respond: "Who's Donald Trump?" I didn't realize how disrespectful that was at the time, so I have now retroactively grounded him, even though he's an adult. Opinion: Honey, Trump shrunk the economy! And the lying coward is still blaming Biden. Trump should consider a tariff on cakes next Suffice it to say, pencils are a luxury, and American children must learn to use them until their fingers bleed from trying to write with a pointy nub. The same goes for dolls. If you want more dolls than you're allotted, go find yourself a rock and glue some sticks to it, assuming your family is wealthy enough to afford glue. With the dolls-and-pencils crisis solved, I hope Trump will now use tariffs to do something about cake. After all, what kind of greedy population is allowed to both have it AND eat it too? It's time for some shared sacrifice, people. Having and eating cake is an indulgence reserved only for those telling us to tighten our belts. Follow USA TODAY columnist Rex Huppke on Bluesky at @ and on Facebook at
USA Today
06-05-2025
- Business
- USA Today
Trump wants to limit kids to three dolls and five pencils each. He's right.
Trump wants to limit kids to three dolls and five pencils each. He's right. | Opinion For years now, I've believed America's ungrateful children deserve, at most, three dolls and five pencils. Anything more spoils the little wretches and makes them happy. Show Caption Hide Caption Trump says tariffs may impact how much parents buy for kids President Donald Trump says that tariffs on China may impact the cost of products for children. I have long been a one-issue voter, and that issue is making sure American families can only buy their children a limited number of dolls and pencils. That's why I proudly cast my vote for President Donald "Three Dolls" Trump, and I'm delighted to see him coming through on the thing that matters most to me. In a recent interview, Trump was asked about his tariffs on China and how they might lead to higher prices and empty store shelves, and he said this of American children: 'I'm just saying they don't need to have 30 dolls. They can have three. They don't need to have 250 pencils. They can have five.' Exactly. For years now, I've believed America's ungrateful children deserve, at most, three dolls and five pencils. Anything more spoils the little wretches and makes them happy. Smiling children will be useless on the assembly lines of all the U.S. factories that will be built thanks to Trump's tariffs. As the saying goes, 'Stop smiling and screw in those tiny iPhone screws, child!' We need Trump to tell parents how many dolls and pencils they can buy When Trump first addressed doll rationing, he proposed a two-doll limit: 'Maybe children will have two dolls instead of 30 dolls, you know, and maybe the two dolls will cost a couple of bucks more than they would normally.' You can see how kind and generous Trump is because he quickly abandoned the two-doll proposal in favor of the aforementioned three-doll-per-child proposal. We are fortunate to have a billionaire in charge who allows the youth of America such extravagances, one who confidently tells parents not to worry about rising prices while humbly keeping his taxes low. Opinion: Is Trump in mental decline? He sounds far worse than Biden ever did. Aboard Air Force One on May 4, Trump said: 'A young lady – 10-year-old girl, 9-year-old girl, 15-year-old girl – doesn't need 37 dolls. She could be very happy with two or three or four or five.' Easy there, Mr. President. I don't think we need to get too loosey-goosey with the rules and start encouraging four or five dolls. Three should definitely be the maximum allowed. This is a time of 'shared sacrifice,' say the people who aren't sacrificing After all, we are in an economic moment that demands shared sacrifice, one that Trump created because he likes repeating the word 'tariffs,' as is his right. Republican Ohio Rep. David Joyce, who, according to the financial technology firm Quiver Quantitative, has a net worth of more than $4.5 million, said this on April 5: 'The idea that the Christmas trade is already starting to slow down ... and there might be less around, I get it. I think the American people will understand that because the American people understand shared sacrifice.' Correct. As the multimillionaire said, we Americans understand shared sacrifice. Like when we were asked to wear small face masks during a deadly global pandemic and everybody complied without a complaint or a single shout of 'Tyranny!' To support Trump's tariffs, I'm sure all Americans will be 100% on board with doll rationing and making sure children don't exceed their annual pencil limit, particularly since pencils will soon cost $100 each. The president's children may have grown up amid untold opulence and probably solid-gold pencils, but that doesn't mean our yucky nonbillionaire children should be treated the same. What kind of spoiled child needs more than five pencils? Speaking of pencils, I applaud Trump's five-pencil-per-kid policy. When my children were growing up, they would sometimes come home from school with more than five pencils – six, seven … even eight – and it disgusted me. I would say, 'You there! The younger one. What are you doing with all those pencils? Who do you think you are, Donald Trump?' To which the younger one would respond: 'Who's Donald Trump?' I didn't realize how disrespectful that was at the time, so I have now retroactively grounded him, even though he's an adult. Opinion: Honey, Trump shrunk the economy! And the lying coward is still blaming Biden. Trump should consider a tariff on cakes next Suffice it to say, pencils are a luxury, and American children must learn to use them until their fingers bleed from trying to write with a pointy nub. The same goes for dolls. If you want more dolls than you're allotted, go find yourself a rock and glue some sticks to it, assuming your family is wealthy enough to afford glue. With the dolls-and-pencils crisis solved, I hope Trump will now use tariffs to do something about cake. After all, what kind of greedy population is allowed to both have it AND eat it too? It's time for some shared sacrifice, people. Having and eating cake is an indulgence reserved only for those telling us to tighten our belts. Follow USA TODAY columnist Rex Huppke on Bluesky at @ and on Facebook at
Yahoo
15-04-2025
- Business
- Yahoo
United States ‘losing the plot' with Trump's tariffs: Cuomo
(NewsNation) — Chris Cuomo discusses the current state of America amid the tariffs implemented by President Trump and his belief Americans shouldn't 'blindly' accept the vision of the administration. CEO of Quiver Quantitative James Kardatzke and founder and Chief Investment Officer of Motum Capital John McNiff join 'CUOMO' to discuss the possibility of insider trading. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
06-04-2025
- Business
- Yahoo
Millionaire MTG Deletes Post Begging MAGA to Buy Son a Beer
Social media commentators shredded Georgia Rep. Marjorie Taylor Greene after she asked her thousands of MAGA followers to buy her son 'a beer' for his birthday on Saturday night. The far-right MAGA congresswoman tweeted a photo of her with her son, Derek, along with a link to his Venmo account. She captioned the photo: 'It's my baby boy's birthday!! He's 22!!' adding, 'Buy him a beer.' Users swiftly torpedoed the request as a 'grift' from Greene, whose net worth is estimated at $21.93 million, including her stock portfolio, according to Quiver Quantitative. 'WTF?!? @mtgreenee you have enough money. You can buy your own kids birthday gifts?' one user asked. Another added, 'Yeah I'm a conservative but there's no way I'm sending a millionaire's adult son money. Especially to buy beer.' Piling on, another commentator rebuked her tweet as a money grab: 'Just when you think you've seen all types and forms of drifting … MTG switches things up with requesting you buy cold ones for her kid!' they wrote. Amid the backlash, Green quietly removed the post, which prompted more commentators to take notice. 'She is pure trash,' commented another X user about the deleted tweet. On top of Greene's net worth, the Daily Mail reported that the congresswoman also made several strategic trades just before President Trump's big tariff announcement sent markets tumbling. According to Capitol Trades, which tracks the investments of politicians, Greene spent $300,000 and $750,000 in Treasuries.
