WSJ:
While running for Congress last year, Republican Rob Bresnahan—like most Americans—hated the idea of lawmakers making money by trading individual stocks in elected office and said he wanted to ban the practice.
Then he won his race.
Now a congressman representing northeastern Pennsylvania, Bresnahan is one of the most active traders in Congress and is drawing political heat for some of the transactions, which he says are handled by an adviser who doesn’t consult him on trades. He recently suggested he wouldn’t follow through on his plan to put his investment portfolio in a blind trust as an ethical firewall. He hasn’t signed on to a leading House effort to restrict stock trading , instead introducing his own bill that ethics advocates and colleagues have said is weak.
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