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What They’re Saying About Bennet’s Investment Confession

Colorado

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Denver, CO — In case you missed it, political outsider, successful business leader, and Republican nominee for U.S. Senate Joe O’Dea called out Michael Bennet for making investment considerations on pending legislation before Congress.

Here is a recap of some coverage yesterday:

What They’re Saying:

Ryan Grim, The Intercept, @ryangrim: “not to be a narc but, uh, cc @FBI”

Matt Laslo, VICE News, @MattLaslo: “That is curious”

Roger Sollenberger, The Daily Beast, @SollenbergerRC: “Bennet says HODL for now, folks”

Sam Brodey, The Daily Beast, @sambrodey: “Very odd choice of words given that Bennet’s first campaign ad of the 2022 cycle was about… banning lawmakers from trading stocks”

Matt Fuller, The Daily Beast, @MEPFuller: “At best, this was a dumb rhetorical flourish. At worst, he’s suggesting he trades based on action in Congress. Either way, it’s a pretty effective argument for why there should be a ban on members of Congress trading stock.”

Charles Gasparino, Fox Business, @CGasparino: “Is this real? Freudian slip?”

In the News: 

Fox News: Wealthy senator up for re-election denies suggesting that he trades stock based on ongoing legislation

Sen. Michael Bennet (D-CO) denies that he suggested making investment decisions based on legislation being negotiated in the Senate.

Bennet entered the political scene in 2009 when he was appointed Colorado's senator by former Gov. Bill Ritter. According to federal filings, just days after being sworn into office, Bennet sold off at least $2 million worth of stock.

His net worth dropped the first few years he was in office, but spiked in 2013 and has seen dramatic growth during his time as Senator.

Townhall: A Dem Senator Just Made Quite the Admission About Insider Trading

Legislation exists to address this insider trading issue among members of Congress, which has united the likes of AOC and Sen. Josh Hawley, but not surprisingly, it hasn't moved. 

During an interview with Bloomberg discussing the Senate budget reconciliation deal, Sen. Michael Bennet (D-CO) expressed hope it would pass but noted that Sen. Kyrsten Sinema is still a wildcard. 

"In my 14 years here, nothing has surprised me more to the upside in our politics than Joe Manchin coming back on the reconciliation package and getting a deal struck, so I feel good about it, I feel optimistic about it, I'm not buying or selling any stocks based on it because we don't know where Sen. Sinema is going to be."

Learn more about the O’Dea campaign here.

Original source can be found here

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