Congressman Rob Bresnahan on His First Two Years in Office & the Upcoming Election

Now, first of all, my perspective.

The first thing is how your insider trading and your using your position in Congress to somehow benefit your portfolio is one of the most obnoxious, Stupid, ridiculous things.

Anybody that has a 401k, any working, hardworking people in your district, have people making decisions for them about their investments so that they can have some money for retirement that they have no knowledge of or nothing to do with.

They're not congressmen and they have no inside trading knowledge.

You have financial advisors, I expect, as do I.

Absolutely.

And

when you make some money and you put it aside for your grandchildren, as I do, you give it to people you trust because that's not what I'm good at.

I don't know anything about.

I don't have my Series 7 or any other license.

You

mean you weren't an investment, a private wealth manager for Goldman Sachs? No, I wasn't.

Like Paige Cognetti was?

Yes, yes, exactly.

To your point, yes.

No, I wasn't that.

So, you know, the idea, I know there's lies in campaigns.

The idea that you simply, by being a congresswoman and having money that is being invested for you, that because of your broad, you know, the width and breadth of your responsibilities as a United States congressman, that somehow you're taking any action in office to benefit or using information to benefit your private portfolio is one of the most ridiculous things I've ever heard in my life.

So,

Please.

And if there are people, members of Congress, doing that, they absolutely should be held accountable for insider trading.

There's no doubt.

There's no question about it.

Didn't you sponsor legislation and promote? Yes.

Talk about that.

Now, first of all, my perspective.

The first thing is how your insider trading and your using your position in Congress to somehow benefit your portfolio is one of the most obnoxious, Stupid, ridiculous things.

Anybody that has a 401k, any working, hardworking people in your district, have people making decisions for them about their investments so that they can have some money for retirement that they have no knowledge of or nothing to do with.

They're not congressmen and they have no inside trading knowledge.

You have financial advisors, I expect, as do I.

Absolutely.

And

when you make some money and you put it aside for your grandchildren, as I do, you give it to people you trust because that's not what I'm good at.

I don't know anything about.

I don't have my Series 7 or any other license.

You

mean you weren't an investment, a private wealth manager for Goldman Sachs? No, I wasn't.

Like Paige Cognetti was?

Yes, yes, exactly.

To your point, yes.

No, I wasn't that.

So, you know, the idea, I know there's lies in campaigns.

The idea that you simply, by being a congresswoman and having money that is being invested for you, that because of your broad, you know, the width and breadth of your responsibilities as a United States congressman, that somehow you're taking any action in office to benefit or using information to benefit your private portfolio is one of the most ridiculous things I've ever heard in my life.

So,

Please.

And if there are people, members of Congress, doing that, they absolutely should be held accountable for insider trading.

There's no doubt.

There's no question about it.

Didn't you sponsor legislation and promote? Yes.

Talk about that.