After Greatly Benefiting From Stock Trading In Congress, Former Rep. Luria Now Claims She Opposes It In Campaign To Return To Capitol Hill
A new report from Fox News reveals that former Representative Elaine Luria (VA-02) now opposes Congressional stock training in her most recent campaign for Congress, only after she greatly benefited from stock trading during her time in Congress.
During her time in Congress, according to the mandated disclosures, Luria’s net worth increased from $1.13 million to over $22 million, in only four years in office. Additionally, she owned over $250,000 in stock in Alibaba, a Chinese company, more than any other Democrat in the House of Representatives in 2021. And Luria’s portfolio with electric car stock greatly benefits as she voted to increase subsidies for unpopular electric vehicles.
"Corrupt Elaine Luria used her taxpayer-funded position to line her own pockets with millions of dollars. Virginians know Luria's only goal in office is to enrich herself." – NRCC Spokesman Reilly Richardson.
Congressional stock trading has become a political issue, especially in light of Luria’s top political ally, Nancy Pelosi, continuing to trade stocks in an astonishing way. Earlier this year, President Trump pushed for efforts to reign in Congressional stock trading, and Sen. Josh Hawley championed the PELOSI Act.
In 2022, when asked about banning Congressional stock trading, Luria infamously responded, “this whole concept is bullshit.” Now that the political winds are changing, Luria is shifting her position. Luria now says that a ban on Congressional stock trading is important to protect the public trust.
If public trust is the issue, does that mean voters should have lost trust in her as her net worth exploded on a government salary?
