In their newest attempt to skirt responsibility, Washington Republicans advanced a “watered-down” stock-trading bill, full of “loopholes” that allow members of Congress to “keep their existing stock and continue to sell.” It also lets members of Congress then “reinvest dividends in new stocks, and let spouses and other family members trade freely on behalf of a lawmaker.” 

In December, Governor Roy Cooper announced his support for a real ban on trading individual stocks by members of Congress and top Executive Branch officials. Governor Cooper does not own or trade individual stocks and did not during his eight years as Governor of North Carolina.

Meanwhile, DC insider and Big Oil lobbyist Michael Whatley has refused to answer questions on Gov. Cooper’s support for a stock-trading ban, which is no surprise given Whatley’s record of delivering for billionaires and special interests.  

“As Washington Republicans try to skirt responsibility with a bill that still allows members of Congress to keep and sell their stocks, North Carolina deserves a Senator like Roy Cooper who isn’t afraid to stand against corruption and self-dealing,” said Mallory Payne, NCDP senior communications advisor. “DC insider Michael Whatley has spent his career fighting for special interests and billionaires, and that’s who he would put first if he’s elected to the U.S. Senate.” 

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