Bresnahan Buys, Sells Shares After Campaigning On Congressional Stock Ban
Freshman congressman from NEPA has become the most prolific stock trader in his class
April 7, 2025
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Freshman congressman from NEPA has become the most prolific stock trader in his class
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There is the buy and hold strategy when it comes to stocks, and then there is the buy and sell camp.
U.S. Rep. Rob Bresnahan (R-08) appears to be cut from the latter cloth. And the more buying and selling, the better.
The freshman congressman from NEPA has become the most prolific stock trader in his class after his campaign for the position began with a call to ban such activity.
“Ban Congressional stock trading. Some of the most prolific traders in the country serve in Congress. Whether or not they have done something wrong, the idea that we can buy and sell stocks while voting on legislation that will have a direct impact on these companies is wrong and needs to come to an end immediately. This is the topic of bipartisan legislation right now in the House that I would happily co-sponsor.”
Bresnahan penned that letter to the editor of the Wilkes-Barre Citizens Voice on March 29, 2024, as he laid out policies that he said would “restore trust in government and our political leaders.” That letter has since been removed from the site’s archives but was available through the Internet Archive.
According to the website, “Capitol Trades,” Bresnahan has authored 264 stock trades since taking office in January with a volume of $2.69 million.
Bresnahan, who serves on the Transportation and Infrastructure, Small Business, and Agriculture committees in the 119th Congress – has centered his trading activity around information technology (91), industrials (40), healthcare (35), and consumer discretionary goods (24), but he has also traded transportation stocks such as Caterpillar, CXS, and Boeing.
Bresnahan has executed nine (9) trades with the Alibaba Group Holding Ltd., a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology, eight (8) with Berkshire Hathaway, seven (7) with Intel, and six (6) with NVIDIA Corporation.
As of his March 27 filing, he owned between 116-386 shares of Alibaba that were priced at $129.85 per share. After President Donald Trump slapped a 20 percent tariff on Chinese goods imported to the U.S., China retaliated with a 34% tariff of its own on U.S. goods. As of 2:25 p.m. on Monday, Alibaba shares were priced at $106.00.
In addition to not taking the lead in proposing a Congressional stock trading ban, Bresnahan has not signed onto the ‘No Corruption in Government Act,‘ that would prohibit insider trading by members of Congress and their spouses, nor to the ‘TRUST in Congress Act,’ that would require lawmakers, their spouses and children to place certain assets into blind trusts while serving in office. Eight of Pennsylvania’s 17-member congressional delegation has signed onto the latter bill as co-sponsors, including Republicans Reps. Brian Fitzpatrick (R-01), Scott Perry (R-10), and John Joyce (R-13).
All eyes will be on the first-year congressman’s next filing to see if and when he may have made a trading move on the Chinese e-commerce giant.
“Rep. Bresnahan does not trade his own stocks, he has a financial advisor like millions of Americans,” said spokesperson Hannah Pope. “His focus is on delivering for the people of Northeastern Pennsylvania by securing our border, continuing to revitalize our economy, and repairing our crumbling infrastructure.”
“Rob Bresnahan lied to Pennsylvanians last year when he cosplayed as a phony populist,” said Democratic Congressional Campaign Committee spokesperson Justin Chermol. “Now, the mega-millionaire is profiting from his multi-million-dollar stock portfolio while middle-class families in the district struggle to make ends meet.”
A brief list of stock trades by Bresnahan.
Purchases
Sale
updated to include quote from Congressman’s office
There is the buy and hold strategy when it comes to stocks, and then there is the buy and sell camp.
U.S. Rep. Rob Bresnahan (R-08) appears to be cut from the latter cloth. And the more buying and selling, the better.
The freshman congressman from NEPA has become the most prolific stock trader in his class after his campaign for the position began with a call to ban such activity.
“Ban Congressional stock trading. Some of the most prolific traders in the country serve in Congress. Whether or not they have done something wrong, the idea that we can buy and sell stocks while voting on legislation that will have a direct impact on these companies is wrong and needs to come to an end immediately. This is the topic of bipartisan legislation right now in the House that I would happily co-sponsor.”
Bresnahan penned that letter to the editor of the Wilkes-Barre Citizens Voice on March 29, 2024, as he laid out policies that he said would “restore trust in government and our political leaders.” That letter has since been removed from the site’s archives but was available through the Internet Archive.
According to the website, “Capitol Trades,” Bresnahan has authored 264 stock trades since taking office in January with a volume of $2.69 million.
Bresnahan, who serves on the Transportation and Infrastructure, Small Business, and Agriculture committees in the 119th Congress – has centered his trading activity around information technology (91), industrials (40), healthcare (35), and consumer discretionary goods (24), but he has also traded transportation stocks such as Caterpillar, CXS, and Boeing.
Bresnahan has executed nine (9) trades with the Alibaba Group Holding Ltd., a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology, eight (8) with Berkshire Hathaway, seven (7) with Intel, and six (6) with NVIDIA Corporation.
As of his March 27 filing, he owned between 116-386 shares of Alibaba that were priced at $129.85 per share. After President Donald Trump slapped a 20 percent tariff on Chinese goods imported to the U.S., China retaliated with a 34% tariff of its own on U.S. goods. As of 2:25 p.m. on Monday, Alibaba shares were priced at $106.00.
In addition to not taking the lead in proposing a Congressional stock trading ban, Bresnahan has not signed onto the ‘No Corruption in Government Act,‘ that would prohibit insider trading by members of Congress and their spouses, nor to the ‘TRUST in Congress Act,’ that would require lawmakers, their spouses and children to place certain assets into blind trusts while serving in office. Eight of Pennsylvania’s 17-member congressional delegation has signed onto the latter bill as co-sponsors, including Republicans Reps. Brian Fitzpatrick (R-01), Scott Perry (R-10), and John Joyce (R-13).
All eyes will be on the first-year congressman’s next filing to see if and when he may have made a trading move on the Chinese e-commerce giant.
“Rep. Bresnahan does not trade his own stocks, he has a financial advisor like millions of Americans,” said spokesperson Hannah Pope. “His focus is on delivering for the people of Northeastern Pennsylvania by securing our border, continuing to revitalize our economy, and repairing our crumbling infrastructure.”
“Rob Bresnahan lied to Pennsylvanians last year when he cosplayed as a phony populist,” said Democratic Congressional Campaign Committee spokesperson Justin Chermol. “Now, the mega-millionaire is profiting from his multi-million-dollar stock portfolio while middle-class families in the district struggle to make ends meet.”
A brief list of stock trades by Bresnahan.
Purchases
Sale
updated to include quote from Congressman’s office
There is the buy and hold strategy when it comes to stocks, and then there is the buy and sell camp.
U.S. Rep. Rob Bresnahan (R-08) appears to be cut from the latter cloth. And the more buying and selling, the better.
The freshman congressman from NEPA has become the most prolific stock trader in his class after his campaign for the position began with a call to ban such activity.
“Ban Congressional stock trading. Some of the most prolific traders in the country serve in Congress. Whether or not they have done something wrong, the idea that we can buy and sell stocks while voting on legislation that will have a direct impact on these companies is wrong and needs to come to an end immediately. This is the topic of bipartisan legislation right now in the House that I would happily co-sponsor.”
Bresnahan penned that letter to the editor of the Wilkes-Barre Citizens Voice on March 29, 2024, as he laid out policies that he said would “restore trust in government and our political leaders.” That letter has since been removed from the site’s archives but was available through the Internet Archive.
According to the website, “Capitol Trades,” Bresnahan has authored 264 stock trades since taking office in January with a volume of $2.69 million.
Bresnahan, who serves on the Transportation and Infrastructure, Small Business, and Agriculture committees in the 119th Congress – has centered his trading activity around information technology (91), industrials (40), healthcare (35), and consumer discretionary goods (24), but he has also traded transportation stocks such as Caterpillar, CXS, and Boeing.
Bresnahan has executed nine (9) trades with the Alibaba Group Holding Ltd., a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology, eight (8) with Berkshire Hathaway, seven (7) with Intel, and six (6) with NVIDIA Corporation.
As of his March 27 filing, he owned between 116-386 shares of Alibaba that were priced at $129.85 per share. After President Donald Trump slapped a 20 percent tariff on Chinese goods imported to the U.S., China retaliated with a 34% tariff of its own on U.S. goods. As of 2:25 p.m. on Monday, Alibaba shares were priced at $106.00.
In addition to not taking the lead in proposing a Congressional stock trading ban, Bresnahan has not signed onto the ‘No Corruption in Government Act,‘ that would prohibit insider trading by members of Congress and their spouses, nor to the ‘TRUST in Congress Act,’ that would require lawmakers, their spouses and children to place certain assets into blind trusts while serving in office. Eight of Pennsylvania’s 17-member congressional delegation has signed onto the latter bill as co-sponsors, including Republicans Reps. Brian Fitzpatrick (R-01), Scott Perry (R-10), and John Joyce (R-13).
All eyes will be on the first-year congressman’s next filing to see if and when he may have made a trading move on the Chinese e-commerce giant.
“Rep. Bresnahan does not trade his own stocks, he has a financial advisor like millions of Americans,” said spokesperson Hannah Pope. “His focus is on delivering for the people of Northeastern Pennsylvania by securing our border, continuing to revitalize our economy, and repairing our crumbling infrastructure.”
“Rob Bresnahan lied to Pennsylvanians last year when he cosplayed as a phony populist,” said Democratic Congressional Campaign Committee spokesperson Justin Chermol. “Now, the mega-millionaire is profiting from his multi-million-dollar stock portfolio while middle-class families in the district struggle to make ends meet.”
A brief list of stock trades by Bresnahan.
Purchases
Sale
updated to include quote from Congressman’s office
There is the buy and hold strategy when it comes to stocks, and then there is the buy and sell camp.
U.S. Rep. Rob Bresnahan (R-08) appears to be cut from the latter cloth. And the more buying and selling, the better.
The freshman congressman from NEPA has become the most prolific stock trader in his class after his campaign for the position began with a call to ban such activity.
“Ban Congressional stock trading. Some of the most prolific traders in the country serve in Congress. Whether or not they have done something wrong, the idea that we can buy and sell stocks while voting on legislation that will have a direct impact on these companies is wrong and needs to come to an end immediately. This is the topic of bipartisan legislation right now in the House that I would happily co-sponsor.”
Bresnahan penned that letter to the editor of the Wilkes-Barre Citizens Voice on March 29, 2024, as he laid out policies that he said would “restore trust in government and our political leaders.” That letter has since been removed from the site’s archives but was available through the Internet Archive.
According to the website, “Capitol Trades,” Bresnahan has authored 264 stock trades since taking office in January with a volume of $2.69 million.
Bresnahan, who serves on the Transportation and Infrastructure, Small Business, and Agriculture committees in the 119th Congress – has centered his trading activity around information technology (91), industrials (40), healthcare (35), and consumer discretionary goods (24), but he has also traded transportation stocks such as Caterpillar, CXS, and Boeing.
Bresnahan has executed nine (9) trades with the Alibaba Group Holding Ltd., a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology, eight (8) with Berkshire Hathaway, seven (7) with Intel, and six (6) with NVIDIA Corporation.
As of his March 27 filing, he owned between 116-386 shares of Alibaba that were priced at $129.85 per share. After President Donald Trump slapped a 20 percent tariff on Chinese goods imported to the U.S., China retaliated with a 34% tariff of its own on U.S. goods. As of 2:25 p.m. on Monday, Alibaba shares were priced at $106.00.
In addition to not taking the lead in proposing a Congressional stock trading ban, Bresnahan has not signed onto the ‘No Corruption in Government Act,‘ that would prohibit insider trading by members of Congress and their spouses, nor to the ‘TRUST in Congress Act,’ that would require lawmakers, their spouses and children to place certain assets into blind trusts while serving in office. Eight of Pennsylvania’s 17-member congressional delegation has signed onto the latter bill as co-sponsors, including Republicans Reps. Brian Fitzpatrick (R-01), Scott Perry (R-10), and John Joyce (R-13).
All eyes will be on the first-year congressman’s next filing to see if and when he may have made a trading move on the Chinese e-commerce giant.
“Rep. Bresnahan does not trade his own stocks, he has a financial advisor like millions of Americans,” said spokesperson Hannah Pope. “His focus is on delivering for the people of Northeastern Pennsylvania by securing our border, continuing to revitalize our economy, and repairing our crumbling infrastructure.”
“Rob Bresnahan lied to Pennsylvanians last year when he cosplayed as a phony populist,” said Democratic Congressional Campaign Committee spokesperson Justin Chermol. “Now, the mega-millionaire is profiting from his multi-million-dollar stock portfolio while middle-class families in the district struggle to make ends meet.”
A brief list of stock trades by Bresnahan.
Purchases
Sale
updated to include quote from Congressman’s office
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