Latest news with #SethMagaziner
Time of India
15-05-2025
- Politics
- Time of India
'You've been sloppy': Heated House showdown b/w Kristi Noem & Rep. Magaziner over mass deportation - The Economic Times Video
A fiery clash erupted at House Homeland Security Committee hearing as Rep. Seth Magaziner slammed DHS Secretary Kristi Noem for allegedly 'playing dress-up' while breaking immigration laws. The Democrat from Rhode Island accused Noem of unlawfully deporting U.S. citizens and legal immigrants under Donald Trump's mass deportation directive. Show more Show less
Yahoo
15-05-2025
- Business
- Yahoo
Congressional stock trading ban bill gaining more traction
PROVIDENCE, R.I. (WPRI) — Rep. Seth Magaziner and more than a dozen lawmakers called for a vote that would prevent members of Congress from trading stocks. Magaziner and Rep. Chip Roy, R-Texas, introduced the TRUST in Congress Act earlier this year, which would stop congressional stock trading. The legislation would either prohibit elected officials and their immediate family members from trading stocks or require them to shift their investments to a qualified blind trust while in office. It has recently gained more attention, and now Magaziner and many republicans are urging congressional leadership to hold a vote to confront the issue as quickly as possible. BACKGROUND: Magaziner, Roy push to ban congressional stock trading Magaziner's push for a vote came on the same day Speaker Mike Johnson voiced support for a stock trading ban. Democratic leader Hakeem Jeffries also endorsed the ban, marking the first time a congressional leader from either party had publicly backed it. President Donald Trump has also expressed his support of this bill. 'We should be making decisions based just on what is best for the American people,' Magaziner said. 'The American people recognize that this is a reform that is long overdue. Poll after poll has shown upwards of 90% of the American people supporting a ban on members trading stocks.' While the bill does have support from both parties, it's unclear when or if it will make it to a full vote. If the bill becomes law, current members would have 180 days to comply, while newer members would have 90 days. Download the and apps to get breaking news and weather alerts. Watch or with the new . Follow us on social media: Close Thanks for signing up! Watch for us in your inbox. Subscribe Now Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
10-05-2025
- Business
- Yahoo
Magaziner gives update on congressional stock trading ban bill
EAST PROVIDENCE, R.I. (WPRI) — Rep. Seth Magaziner provided an update on his push for a bill that would prevent members of Congress from trading stocks. Magaziner told 12 News Friday he recently started meeting with other lawmakers who have proposed similar legislation to negotiate a 'single, consensus bill' they can all get behind and work on passing. BACKGROUND: Magaziner, Roy push to ban congressional stock trading He said opponents of the ban argue that the existence of multiple versions of the bill mean it's an idea that's not ready for primetime. Magaziner also believes the ban is gaining momentum after House Minority Leader Hakeem Jeffries (D-NY) and President Donald Trump came out in favor of it. 'The issue started getting a lot of favorable media attention again,' he explained. 'I think all of us recognized that some momentum was building and that we needed to capitalize on it.' Alongside Magaziner's bill, his office shared four other similar pieces of legislation that were introduced this session: No Corruption in Government Act, Stop Politicians Profiting from War Act of 2025, End Congressional Stock Trading Act and Bipartisan Restoring Faith in Government Act. The group of lawmakers Magaziner is meeting with are Rep. Chip Roy (R-TX), who he cosponsored one of the bills with, Rep. Brian Fitzpatrick (R-PA), Rep. Tim Burchett (R-TN), Rep. Pramila Jayapal (D-WA), Rep. Alexandria Ocasio-Cortez (D-NY) and Rep. Joe Morelle (D-NY). Among the differences being hashed out are enforcement and what would happen if someone owned stocks before getting elected. As for enforcement, Magaziner said he favors a monetary fine as opposed to jail time for members who don't abide by the ban. Magaziner anticipates his chamber's new bill being introduced and publicized 'in a matter of weeks, not months.' Despite being the lead sponsor of his bill for a ban, Magaziner expects a Republican will now take that responsibility for this new legislation since the Republicans currently have a majority in the House. 'That's just part of life in the minority and thems the brakes,' Magaziner explained. 'But I care more about getting things done than I do about having my name be the top name on the bill.' Over in the Senate, a ban was previously introduced by U.S. Sens. Jon Ossoff (D-GA) and Josh Hawley (R-MO), among others. NEXT: Crisis in the classroom: Lawmakers push for more mental health resources in schools Download the and apps to get breaking news and weather alerts. Watch or with the new . Follow us on social media: Close Thanks for signing up! Watch for us in your inbox. Subscribe Now Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
16-04-2025
- Business
- Yahoo
Business and labor leaders share concerns about Trump tariff policies with Magaziner
U.S. Rep. Seth Magaziner, right, holds a routable discussion with business and labor leaders inside the International Union of Painters and Allied Trades District Council 11's Cranston offices on April 16, 2025. From left to right: Justin Kelley, a business representative and political director for the International Union of Painters and Allied Trades District Council 11; Ryan Moot, manager of business development and government affairs for the Rhode Island Hospitality Association; Lauryn Estrella, executive director of the Home Medical Equipment and Services Association of New England; and Darryl Lindie, owner of AA Sign & Awning in Warwick. (Photo by Christopher Shea/Rhode Island Current) CRANSTON — President Donald Trump's tariff policy is rattling more than international markets. It's fueling economic uncertainty among Rhode Island's business and labor leaders. 'It's like throwing a cat into a bathtub full of water,' said Justin Kelley, a business representative and political director for the International Union of Painters and Allied Trades District Council 11. 'It's going to react, naturally, very poorly most of the time.' Kelley made the comments at a roundtable of local leaders from Rhode Island's building trades, hospitality, and medical equipment industries hosted by U.S. Rep. Seth Magaziner at the union's Cranston office Wednesday afternoon. Hours after Trump's reciprocal tariffs went into effect April 8, he placed a 90-day pause on nearly all of them. His universal 10% duty on imports from nearly every country remains in place, along with a 125% tariff on goods coming in from China. The 25% tariffs on steel and aluminum, which went into effect on March 12, still remain in effect as well. Those duties will likely increase construction costs of projects employing Council 11's roughly 600 Rhode Island-based workers. Kelley told Rhode Island Current the union still has two years worth of public projects on the books. But if costs continue to spiral, he said projects will either reduce in scope or completely halt. 'If the steel doesn't go up, we can't paint the steel — and then we can't put the drywall in and paint the building and do what we do,' he told Magaziner. 'We have to figure out a way to try to mitigate this.' Darryl Lindie, owner of AA Sign & Awning in Warwick, said he's already had customers back out of signage projects after his team had completed the designs. On his way to the roundtable, he received a notification from a client who decided not to move forward with a project. 'I'm biased. I want to sell people the most signage that I can,' Lindie said. 'You hate to see scopes of work decrease.' Lauryn Estrella, executive director of the Home Medical Equipment and Services Association of New England, said many suppliers have been receiving notifications from manufacturers that they may have to raise the prices for wheelchairs and oxygen tanks. 'Our patients are the elderly and the disabled,' Estrella said. 'They're just being abandoned.' Ryan Moot, manager of business development and government affairs for the Rhode Island Hospitality Association, told Magaziner that while restaurants aim to source locally whenever possible, it's not feasible for commodities like coffee. Most seafood sold in Rhode Island is caught in international waters, Moot said. Even catches hauled stateside, he said, are often processed outside the United States. Moot recalled being with a seafood wholesaler in Washington D.C. when the tariffs were announced. He said the man frantically called everyone on the supply chain wondering just how much he would have to pay for shrimp coming in from Vietnam. 'There's just so much that simply can't be produced here,' Moot said. Tariffs could lead to higher menu prices, which will turn away diners. 'There might be bigger brands that are more able to take that hit without passing it on to customers,' Moot said. But not the smaller local restaurants. Under the U.S. Constitution, the power to tax and tariff falls squarely on Congress, not the White House. But the legislative branch over the years has enacted laws giving the president some tariff powers, most notably through the International Emergency Economic Powers Act. The 1977 law gives the president the power to regulate international commerce in the event of a national emergency, which Trump has invoked in his latest attempt to tackle the nation's trade deficit. Congress could pass a law to regain its power over tariff policy with a veto-proof vote, but the Republican-led House of Representatives on April 9 approved a procedural rule prohibiting the chamber from considering legislation to rescind the tariffs until at least Sept. 30. Rhode Island's Royal Charter inspires lawmaker's idea for coping with tariff troubles 'If Republicans in Congress would actually grow a spine and have the courage to stand up to president Trump, in theory we could end these tariffs tomorrow,' Magaziner told Rhode Island Current. 'But so far, the Republican leadership isn't willing to do that.' GOP Sen. Chuck Grassley of Iowa has proposed a bill requiring the president to notify Congress of impending tariffs within 48 hours, which Trump has threatened to veto. U.S. Rep. Don Bacon, a Nebraska Republican, has filed companion legislation in the House. Magaziner commended his GOP colleagues, but said there still needs to be popular support across the aisle. In the meantime, Magaziner told industry leaders to continue to use their personal stories to raise the alarm. 'The administration has shown they are susceptible to public pressure, particularly on this,' he said. 'The American people clearly do not want this.' SUBSCRIBE: GET THE MORNING HEADLINES DELIVERED TO YOUR INBOX
Yahoo
31-03-2025
- Politics
- Yahoo
U.S. Rep Seth Magaziner reverses course on plans to move into his district
U.S. Rep. Seth Magaziner speaks at a press conference at the Bannister Center in Providence on Feb. 28, 2025. (Photo by Alexander Castro/Rhode Island Current) Despite his 2022 campaign promise to move into the congressional district he was elected to represent, U.S. Rep. Seth Magaziner hasn't moved — and now, he doesn't plan to. The 41-year-old Democrat first revealed his change of heart during a taping of WPRI-TV 12's Newsmakers on Friday, citing family's circumstances for why he has backed off his campaign pledge. 'We've decided that at this point, it makes sense for us to stay in our house in Providence,' Magaziner said. He referenced his family's new baby, born in April 2024, and his wife's new job that requires a two-hour commute from Providence to Cambridge, Massachusetts. Moving to Cranston would likely extend that travel time. The U.S. Constitution requires members of Congress to live in the states they represent, but not the district. Yet Magaziner pledged during his first run for congressional office in 2022 — filling the seat vacated by former Rep. Jim Langevin — that he would move into the 2nd Congressional District, which covers the state's southern and western areas. At the time of the 2022 election, Magaziner and his family lived on the East Side of Providence, which falls within the 1st Congressional District. The capital city is the only state municipality bifurcated by the congressional district line. Indeed, Magaziner's Providence home falls one mile away from the district line. In 2023, Magaziner and his wife bought a house in the Edgewood section of Cranston. However, during his 2024 reelection campaign, Magaziner was still living and voting in Providence, outside his district, WPRI reported at the time. Magaziner told WPRI that renovations to his Cranston house were more extensive than expected, which is why he had not moved. Now, the move is off, though the Cranston home is still listed under his wife, Julia McDowell's name, according to city records. Magaziner's office did not immediately return requests for comment Monday, including whether they plan to sell the Cranston house. However, he defended his decision on Newsmakers, insisting that where he lives has not hurt his ability to do his job or represent the 559,000 district residents. 'I continue to fight for the working people of the 2nd Congressional District with legislation in Washington, and I'll continue to show up and deliver, just as I have for the last two and a half years,' Magaziner said during the taping. John Marion, executive director of Common Cause Rhode Island, chalked up the scrutiny surrounding residency requirements in Rhode Island as 'more symbolic than practical.' 'We're so geographically compact in Rhode Island,' Marion said in an interview Monday. 'If this were someone in Colorado who lived in another corner of the state, it might be a problem.' Yet, Marion acknowledged the poor optics of Magaziner not fulfilling his pledge to move. Rhode Island GOP Chair Joe Powers seized on the 'empty promise' in a statement Friday. 'Magaziner's decision is yet another example of how little respect career politicians have for the people of this state,' Powers said. 'He told voters he was moving into the district. He made that promise. Now he's casually breaking it with a shrug and a smile, hoping no one notices or cares.' Powers described the situation as a pattern among Rhode Island Democrats who 'say one thing to get elected, then quietly do the opposite.' A Washington Post analysis in 2017 found 21 U.S. representatives, of both political parties, living outside of their districts. Updated information for the current Congress was not immediately available. 'It's not the norm but it's not unusual,' Marion said of congressional members living outside their district. SUBSCRIBE: GET THE MORNING HEADLINES DELIVERED TO YOUR INBOX
