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House Democrats pushing for a stock trade ban in Congress got burned by Pelosi last year. In a letter exclusively shared with Insider, they're now pushing McCarthy to pick up where she left off. The GOP House Speaker has spoken favorably of a ban in the last year, but hasn't gotten specific. Since the new Congress kicked off, lawmakers have been re-introducing bills to ban stock trading by members of Congress, arguing that members of Congress should not be allowed to profit off of information they receive as public servants or their ability to influence legislation. Spanberger re-introduced the bipartisan TRUST in Congress Act last month, while Craig put forward her more expansive HUMBLE Act.
News of the FTX's fall first prompted questions to lawmakers about Bankman-Fried's political donations. Bill Cassidy of Louisiana and John Boozman of Arkansas said they would donate Bankman-Fried’s campaign contributions, though they did not specify the charities they intended to donate the money to. Bankman-Fried also poured millions into super PACs that support candidates outside of their campaigns, including the Senate Majority PAC, or SMP, a super PAC supporting Democratic Senate candidates. The disclosed sums likely don't capture the full breadth of Bankman-Fried's political spending. "The candidates who received money from dark money organizations don't really have to answer for it," Sherman said.
The 2022 midterm elections ignited what LGBTQ advocates called yet another “rainbow wave,” with over 430 lesbian, gay, bisexual, transgender and queer candidates emerging victorious. Across the country in Oregon, fellow Democrat and lesbian Tina Kotek was in a much tighter three-way gubernatorial contest. Lesbians and other queer women were successful in down-ballot races as well, according to advocacy groups and political action committees that have been tracking these races. “These are people who have taken the normal political path and are ready for the big leap,” she said, referring to lesbian election winners. “Queer women, just like all other women, understand that we’re in a really fraught time here in America.”Follow NBC Out on Twitter, Facebook & Instagram.
A record number of LGBTQ candidates won their midterm races this year, creating what some advocates are calling yet another “rainbow wave.”Many races are still too close or too early to call, but as of Thursday afternoon, at least 400 out LGBTQ candidates had won their elections, according to the LGBTQ Victory Fund, which supports queer people running for office. “With so much at stake this election, from the future of marriage equality to abortion, LGBTQ candidates’ grit and exceptional grassroots support is paying off.”National firstsQueer candidates celebrated a number of notable victories and firsts across the country. Alaska is one of four states with zero out LGBTQ state lawmakers, according to the LGBTQ Victory Institute. Magni said the results prove that LGBTQ candidates can successfully compete in both blue and red states. “This is a powerful message, saying, ‘Hey, LGBTQ candidates can win elections and can win elections in many states and many districts across the country.’” he said.
Explore more race results below. Rep. Angie Craig is running against Republican Tyler Kistner in Minnesota's 2nd Congressional District. The 2nd District is located south of the Twin Cities. 2022 General EmbedsMinnesota's 2nd Congressional District candidatesCraig is a member of House committees on Agriculture, Energy and Commerce, and Small Business. Voting history for Minnesota's 2nd Congressional DistrictMinnesota's 2nd District includes rural and suburban counties south of the Twin Cities of Minneapolis and Saint Paul.
The House of RepresentativesThere are at least 403 people of color, women or nonbinary candidates running for seats in the House of Representatives in Tuesday’s midterm elections. Incumbent Democrat Republican White men women Black men women Hispanic men women Other and multiple race men womenThere are 11 Senate candidates who are Black this year. Democrat Black candidates Republican Ga. Raphael Warnock Ala. Will Boyd Ark. Incumbent Democrat Republican White men women Black men women Other and multiple race men womenThere are 25 women nominated for governor — 16 Democrats and nine Republicans. Democrat Black candidates Republican Ala. Yolanda Flowers Ark.
Already fighting from behind, Democrats' chances of keeping the House have slipped further in the last month. In a letter to Democratic colleagues on Thursday, House Speaker Nancy Pelosi called on House members to make a point of defending their record on crime. Republican groups including Citizens for Sanity, headed by former aides to Trump, poured money in recent weeks into ads criticizing Democrats as weak on crime and illegal immigration. In a Reuters/Ipsos poll released Tuesday, respondents were twice as likely to list crime, rather than abortion rights, as the country's biggest problem. Shield PAC, a Third Way-affiliated political action committee, launched ads on Monday promoting the law enforcement records of Virginia's Elaine Luria and Minnesota's Angie Craig, both endangered Democrats.
Rep. Angie Craig is running against Republican Tyler Kistner in Minnesota's 2nd Congressional District. Minnesota's 2nd Congressional District candidatesCraig is a member of House committees on Agriculture, Energy and Commerce, and Small Business. Voting history for Minnesota's 2nd Congressional DistrictMinnesota's 2nd District includes rural and suburban counties south of the Twin Cities of Minneapolis and Saint Paul. Craig flipped the seat from red to blue in 2018 after a rematch campaign against former Republican Rep. Jason Lewis. Her opponent, Kistner, has raised $2.8 million, spent $2.3 million, and has $499,003 left to spend, as of September 30.
The rush to flash pro-cop credentials shows that Democrats anticipated a fresh wave of Republican attacks on crime and policing that are landing in House, Senate and state-level races. During the 2020 election, then-President Donald Trump warned voters that Democrats would be soft on crime and endanger communities. His aides said that the line of attack motivated base Republican voters and helped swing voters — particularly Latino voters in Florida and Texas — in the GOP’s direction. But some Democrats have decided the best answer this year is silence: Polls show crime just isn't a good issue for their party. Many Democratic candidates continue to focus on policy areas where more voters trust Democrats than Republicans to do a better job, including abortion, education and protecting democracy.
But ethics experts say the bill has a major loophole when it comes to blind trusts, and is too broad. Broadly speaking, a blind trust is a financial arrangement wherein people turn over their assets to be managed by an independent entity to prevent a conflict of interest. Several previously-introduced bills to ban stock trading allow for lawmakers to place their stocks into a blind trust, rather than fully selling off existing stock holdings. "You'd be able to create any kind of a trust you want to, put anything you want into it, and call it a blind trust, even though there wouldn't actually be any way to prove that it is, in fact, a blind trust." Payne also said the blind trust loophole was a "small risk," but that in an optimistic scenario, "that language allows this law to grow for future circumstances that you just can't be prepared for."
Nancy Pelosi says that a bill to ban members of Congress from trading stocks is coming this month. "I'm concerned about the lack of detail as to what is being planned," said Democratic Rep. Raja Krishnamoorthi of Illinois. Democratic Rep. Raja Krishnamoorthi of Illinois is urging vigilance amid the potential rollout of legislation from Democratic leadership. "I think that coalescing is a very real internal dynamic," Democratic Rep. Alexandria Ocasio-Cortez of New York told Insider last week. "We have not heard exactly what's happening," said Democratic Rep. Pramila Jayapal of Washington, the chair of the Congressional Progressive Caucus.
In debates about defense spending and foreign policy, Democrats have failed to deliver on climate. The depth and scope of the IRA's approach to confronting climate change is unparalleled. Yet 180 House Democrats voted for the bill, which expanded our budget for conducting a polluting, militaristic foreign policy to nearly $850 billion. US foreign policy, militarism, and climate policy must go together. The national security community is acutely aware of the effects of climate change — they've been thinking, planning, and gaming out scenarios since the late 2000s.
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