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Monday, May 25, 2026

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Democrats feud over stock trading as they sharpen anti-corruption case against Trump Netscape Internet Service Money & Business Money &amp Business Home Business News Economic News Money News More News News Home AOL Finance Democrats feud over stock trading as they sharpen anti-corruption case against Trump By MATT BROWN Associated Press DALLAS (AP) — After three terms in the U.S. House and two unsuccessful campaigns for the U.S. Senate, Colin Allred said he’s heard plenty about voters’ suspicions that politicians are just trying to make a buck in Washington. “'What about the stock trading in Congress? What about people getting rich in Congress?’” Allred said they ask him regularly. “And I have to say to them, you’re absolutely right
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Democrats feud over stock trading as they sharpen anti-corruption case against Trump Netscape Internet Service Money & Business Money &amp Business Home Business News Economic News Money News More News News Home AOL Finance Democrats feud over stock trading as they sharpen anti-corruption case against Trump By MATT BROWN Associated Press DALLAS (AP) — After three terms in the U.S. House and two unsuccessful campaigns for the U.S. Senate, Colin Allred said he’s heard plenty about voters’ suspicions that politicians are just trying to make a buck in Washington. “'What about the stock trading in Congress? What about people getting rich in Congress?’” Allred said they ask him regularly. “And I have to say to them, you’re absolutely right about that, too. We need to be better.” He's challenging Rep. Julie Johnson in the Democratic runoff for a Dallas-area House seat on Tuesday, and he's one of several candidates trying to harness populist anger over congressional stock trading. Allred has denounced Johnson for trades involving companies like Palantir, a data analytics firm with ties to President Donald Trump's administration. Johnson said her trades were handled by a financial manager, and she accused Allred of being “only out for himself.” She pointed to financial disclosures that showed Allred's wealth nearly doubling during his own time in Congress, although Allred said his assets were in a blind trust and the money came from his wife's income as a partner at a law firm. “To be clear, the sum total I made on that trade was only $90,” Johnson said of her Palantir stock. “My opponent is trying to make it seem like it was hundreds or thousands.” The bitter campaign is emblematic of broader debates within the Democratic Party over the role of money in politics. Long a refrain of strident progressives and good-government reformers, accusations that political rivals are self-dealing or bought by special interests have become a mainstay of Democratic primaries. The heightened criticism of lawmakers’ personal wealth comes as the party looks to sharpen its anti-corruption message against Trump and to develop a platform for overhauling Washington if Democrats take power in the midterms. Some are tracking congressional stock trading Trump campaigned on a promise to “drain the swamp,” capitalizing on Americans' disdain for the Washington establishment. Now that his family is profiting while he's back in the White House, Democrats are eager to regain the upper hand on an issue that could prove potent with voters. “The difficulty is that right now, no party has the mantle on anti-corruption,” said Daniel Lobo-Lewis, a political consultant in Washington. “Many voters outside of the beltway see both parties as corrupt, because they see all politicians as bought by the donors or by their own self-interest.” Lobo-L
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