Democrat Rep Revolts, Demands Pelosi’s Removal for Tanking Bill: ‘Party Needs New Leaders’

A Democrat congresswoman is rising up against her party’s leaders and revolting against Speaker Nancy Pelosi (D-CA) over a “failure of House leadership.”

Rep. Abigail Spanberger (D-VA) fired back after Pelosi refused to call up legislation to ban stock trading by members of Congress and their families.

Spanberger said issued a fiery statement calling for Pelosi’s removal as House speaker and declaring that “the Democratic Party needs new leaders.”

“Our job as elected officials is to serve the people — not ourselves,” Spanberger said.

“That’s why I’ve been proud to lead the charge on legislation to ban Members of Congress and their immediate families from trading individual stocks — not only because it’s the right thing to do, but because the Virginians I represent overwhelmingly support it and want us to get it done.

“Since the early days of the pandemic, I have worked with lawmakers from both parties — and across the ideological spectrum — to earn their support for my bipartisan bill, the TRUST in Congress Act, to require individual stock holdings be divested or placed in a qualified blind trust while in office.

“Our commonsense proposal demonstrated that many Democrats and Republicans alike take this issue seriously and are listening to the voices of the people.

“After first signaling her opposition to these reforms, the Speaker purportedly reversed her position,” she said.

“However, our bipartisan reform coalition was then subjected to repeated delay tactics, hand-waving gestures, and blatant instances of Lucy pulling the football.

“This moment marks a failure of House leadership, and it’s yet another example of why I believe that the Democratic Party needs new leaders in the halls of Capitol Hill.

“Rather than bring Members of Congress together who are passionate about this issue, leadership chose to ignore these voices, push them aside, and look for new ways they could string the media and the public along — and evade public criticism.

“As part of their diversionary tactics, the House Administration Committee was tasked with creating a new piece of legislation — and they ultimately introduced a kitchen-sink package that they knew would immediately crash upon arrival, with only days remaining before the end of the legislative session and no time to fix it.

“It’s apparent that House leadership does not have its heart in this effort, because the package released earlier this week was designed to fail,” the Democrat congresswoman revealed.

Slay the latest News for free!

We don’t spam! Read our privacy policy for more info.

“It was written to create confusion surrounding reform efforts and complicate a straightforward reform priority — banning Members of Congress from buying and selling individual stocks — all while creating the appearance that House Leadership wanted to take action.

“In the months ahead, I will be dogged in my efforts to ban Members of Congress from using the privilege of their position to profit.

“I look forward to working with both my Democratic and Republican colleagues to get these reforms done,” she said.

Pelosi has been at the center of a growing controversy regarding insider trading as her husband, Paul Pelosi, frequently makes lucrative trades on stocks that are impacted by the outcome of bills passing through Congress.

“The Speaker does not own any stocks,” Drew Hammill, Pelosi’s communications director, said earlier, conveniently ignoring that her husband Paul does.

“The Speaker has no prior knowledge or subsequent involvement in any transactions.”

Advertise with Slay News
join telegram


Who is the best president?

By completing this poll, you gain access to our free newsletter. Unsubscribe at any time.

By David Hawkins

David Hawkins is a writer who specializes in political commentary and world affairs. He's been writing professionally since 2014.

Notify of
Would love your thoughts, please comment.x