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Ashley Moody co-sponsors measure to end stock trading by members of Congress

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U.S. Sen. Ashley Moody is co-sponsoring a measure that’s designed to end stock trading by members of Congress.

Moody, along with Democratic U.S. Sen. Kristen Gillibrand of New York, drafted the Senate bill, called the Restore Trust In Congress Act. In the House, U.S. Rep. Chip Roy, a Texas Republican, and U.S. Rep. Seth Magaziner, a Rhode Island Democrat, have introduced a companion bill.

The proposal would not only limit members of Congress from stock trading, but also prohibit their spouses and dependent children from investing. They would not be able to purchase, sell or hold those interests if the bill is approved.

The measures aim to reduce perceived conflicts of interest among congressional members and to limit the possibility of insider trading by leaders on Capitol Hill.

Gillibrand and Moody issued a joint statement on the measure.

“It is fundamental to our Republic that members of Congress are focused on our nation and its citizens’ well-being, not how they may financially profit from their positions. That is why we are proud to introduce this commonsense bill to ban members of Congress from owning or trading individual stocks. We will continue to fight tirelessly to make sure it becomes law,” the joint statement said.

Moody’s bill would also ban qualified blind trusts. It would also require covered investments to be divested within a specified compliance period.

The bill would still allow members of Congress to maintain widely held investment funds that are diversified and publicly traded, U.S. Treasury bills, notes or bonds, compensation received by a spouse or children from their employer, small-business concerns, liability companies, and real estate where they reside.

There are 124 co-sponsors in the lower chamber. But a competing bill is also moving through the House that also seeks to prevent insider trading while not being as restrictive as Moody’s bill.

The House Administration Committee Wednesday approved a measure by the Chair of the panel, Republican U.S. Rep. Bryan Steil of Wisconsin, that would allow congressional members to hold on to some of their investment portfolios.

The Stop Insider Trading Act would allow members of Congress to keep stocks they’re already invested in, but would prevent them from buying new ones, essentially providing a grandfather clause. The House panel approved that measure, but support was split among party lines, with Democrats opposing it.



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4 City Council candidates earn Naples Better Government endorsement

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The Naples Better Government Committee has announced endorsements for the upcoming Naples City Council election, backing four candidates after a full day of interviews and deliberations.

The committee is endorsing Ted Blankenship, incumbent Ray Christman, John Krol and Scott Schultz.

Although three Council seats are up for election this cycle, the committee said it opted to recommend four candidates due to what it described as the overall strength and depth of the field. The group did not endorse the other four candidates: Dan Barone, John Langley, Sally Petersen and Penny Taylor.

According to the committee, members conducted one-on-one interviews with all eight candidates over a six-hour period, beginning in the morning and concluding midafternoon. Following the interviews, committee members spent nearly an hour in closed-door discussion evaluating each candidate’s leadership ability, experience, vision for the city and commitment to Naples.

The Feb. 3 election will help shape the seven-member Naples City Council, which consists of a Mayor and six Council members elected at large on a nonpartisan basis. Council members and the Mayor serve four-year terms and are limited to two consecutive terms under the city charter.

The Naples Better Government Committee describes itself as a long-standing civic organization that has conducted candidate evaluations and issued nonpartisan recommendations to voters for decades. The group’s executive board and membership include individuals with backgrounds in business, real estate, law and civic leadership, and members represent both major political parties.

The committee encouraged Naples residents to remain engaged and informed, and actively participate ahead of the municipal election.

“These endorsements reflect our mission to promote transparent, accountable, and effective local government,” Committee President Scott J. Lepore said in a statement. “While we recognize the strengths of every candidate we interviewed, we believe these four individuals are best positioned to serve Naples with integrity, experience, and vision.”



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PMI U.S. has invested $20B across the U.S. since 2022

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Philip Morris International and its U.S. businesses (PMI U.S.) have invested more than $20 billion since 2022 to acquire, and invest in, U.S. manufacturing capabilities, commercial rights, infrastructure and jobs.

Most of the investments, totaling $19 billion, occurred in 2022, including acquisition of Swedish Match, which generates most of its revenue in the U.S. Since then, PMI U.S. has invested more than $1 billion, as of Sept. 30, including investments in Colorado, Kentucky and North Carolina, which are expected to generate more than 1,000 direct and 1,500 indirect jobs. Economic impact from those investments is estimated at more than $800 million.

“We’re investing in the country’s future, starting with accelerating the shift to a smoke-free America, a nation free from cigarettes,” PMI U.S. CEO Stacey Kennedy said.

“Being fully invested in America begins with making better products and leading an industry transformation responsibly, but it extends far beyond that. Guided by innovation, a sustained focus on impact, and a deep commitment to the communities where we live and work, we’re creating high-quality, high-skill jobs and strengthening the places that power our workforce.”

PMI U.S. investments add to the more than $35 million in charitable giving the company has pledged since 2022, with nearly $12 million donated in 2025 across nearly 600 nonprofit organizations in 47 states and the District of Columbia.

“PMI U.S. expects to make substantial additional investments in manufacturing, operations, and people, further supporting U.S. jobs and legal-age nicotine consumers — ensuring the 30 million U.S. adults who still smoke cigarettes have access to better, science-based alternatives,” Kennedy said.

PMI U.S. is a major American employer, growing its workforce from just several hundred employees to more than 3,000 today, with a modern mission of establishing modern nicotine to deliver a smoke-free America. The company plans to continue growth and increase its investments following the launch of its IQOS ILUMA product, which is awaiting U.S. Food and Drug Administration (FDA) authorization.

The company has committed itself to driving innovation and helping adult smokers 21 and older switch to less harmful alternatives, including heated tobacco.

The company is leading the smoke-free transition in the U.S. through both heated tobacco and nicotine pouches. The company’s affiliates hold 80% of all modified risk tobacco product authorizations and 41% of premarket tobacco product application marketing granted orders from the FDA, including ZYN, the nation’s most popular smoke-free product.

PMI U.S. announced in September it had made $1.3 million in philanthropic efforts in Florida alone in 2021, including advocacy for veterans, supporting literacy and funding student scholarships through the state’s school choice programs.

That includes a $100,000 donation to the Wounded Veterans Relief Fund for its Critical Dental Assistance Program providing vital dental services to disabled veterans across the state.

In November, PMI U.S. entered into a partnership with the Urban League of Broward County with a $400,000, three-year donation designed to expand economic opportunity for small businesses and accelerate economic development across South Florida.



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Jason Shoaf will seek re-election to Legislature, sit out race to succeed Neal Dunn in Congress

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The Port St. Joe Republican plans to remain in the Florida House through 2028.

State Rep. Jason Shoaf says he will not run to succeed U.S. Rep. Neal Dunn.

“I am fully focused on serving the people of North Florida in the Florida House of Representatives, and I am committed to fulfill my term through 2028,” Shoaf said.

The Port St. Joe Republican first won his legislative seat in a Special Election in 2019. Term limits will not prohibit him seeking re-election this year.

He shot down rumors he may run for Congress two days after Dunn, Panama City Republican serving his fifth term in the House, announced his retirement at the end of this Congress.

Shoaf said he feels he can best serve his community by remaining in the Florida Legislature as a senior member. He currently serves the Transportation & Economic Development Budget Subcommittee. Shoaf remains the only candidate filed in House District 7.

“I believe this next two years in my current role is my greatest chance to make the most meaningful impact delivering real results for our communities, strengthening our economy and defending the values that make North Florida such a special place to call home,” Shoaf said.

Other candidates already in the race for Florida’s 2nd Congressional District include Republican Party of Florida Chair Evan Power and former U.S. Senate candidate Keith Gross. But speculation has swirled significantly this week about whether other Republicans in the region will run for the seat now that it’s open.

CD 2, which covers parts of the Panhandle and Big Bend, currently leans comfortably Republican.

Dunn easily won re-election in 2024 over Democrat Yen Bailey with about 61.7% of the vote. More than 58.5% of voters there supported Republican Donald Trump over Democrat Kamala Harris for President, according to MCI Maps, and more than 60% of voters backed GOP U.S. Sen. Rick Scott’s re-election.

Notably, Republican leaders in Tallahassee say they intend to redraw congressional districts ahead of the 2026 Midterms.



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