Newhouse is slimy…
Posted: Thu May 29, 2025 5:56 pm
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Big surprise…Congressman benefits from Fatso Felon donnie’s fake tariff moves!
FOR IMMEDIATE RELEASE
Date: May 29, 2025
Contact: press@wa-democrats.org
U.S. Rep Dan Newhouse’s Family Enriched Themselves as Trump Tariffs Hammered CD4 Farmers and Families
Seattle, WA – New reporting shows U.S. Congressman Dan Newhouse’s wife, Joan Galvin, made significant stock trades around President Trump’s “Liberation Day” tariff announcements. Congressional financial disclosures indicate the Newhouses sold off more than 40 stocks on April 11 valued between $47,047 and $705,000 (Members of Congress are only required to disclose the values of stock purchases and sales in broad ranges). These sales occurred as stock markets rose following the initial crash upon the “Liberation Day” announcement on April 2 and before stocks crashed again the next week as Trump attacked Federal Reserve Chairman Jerome Powell.
The Newhouses sold stocks including Amazon, Apple, Alphabet (Google’s parent company), Marathon Petroleum, Microsoft, Netflix, Paypal, Tesla, Verizon Communications, Visa, UnitedHealth Group, and agricultural equipment manufacturer John Deere. Rep. Newhouse serves on the House Committee on Agriculture and the House Committee on Appropriations’ Subcommittee on Agriculture, Rural Development, and Food and Drug Administration meaning he often has privileged information about developments that can seriously impact agricultural markets.
When the tariffs were announced, Washington farmers saw their livelihoods thrown into doubt as overseas markets shuttered their doors from American agricultural goods. The impacts of Trump’s trade wars continue to reverberate throughout Washington’s farmlands and around the country.
“While Washington farmers were scrambling to figure out how they could survive Trump’s so-called ‘Liberation Day’ tariffs, Dan Newhouse and his wife were figuring out how to make a quick buck,” said Chair Shasti Conrad. “Dan Newhouse’s constituents deserve answers about what he knew and when he knew it regarding Trump’s tariffs announcements, how that information impacted these stock sales, and exactly how much his family earned from these suspiciously timed sales.
“Washington Democrats call upon every member of congress to support the bipartisan legislation introduced that would ban our government officials from investing in individual stocks. The corrosive power of insider knowledge combined with the ability to manipulate investments based on that information must be stopped in order to protect the public interest.
“Constituents in CD4 deserve better Representation that puts their needs above the pursuit of personal wealth. As Rep. Newhouse sells out his constituents who rely on Apple Health (including 70% of everyone under 18 in his district) and nutrition assistance, these stock trades are further evidence that he’s only in it for himself.”
https://wadems.org/press/5-29-25-newhou ... -families/
.
Big surprise…Congressman benefits from Fatso Felon donnie’s fake tariff moves!
FOR IMMEDIATE RELEASE
Date: May 29, 2025
Contact: press@wa-democrats.org
U.S. Rep Dan Newhouse’s Family Enriched Themselves as Trump Tariffs Hammered CD4 Farmers and Families
Seattle, WA – New reporting shows U.S. Congressman Dan Newhouse’s wife, Joan Galvin, made significant stock trades around President Trump’s “Liberation Day” tariff announcements. Congressional financial disclosures indicate the Newhouses sold off more than 40 stocks on April 11 valued between $47,047 and $705,000 (Members of Congress are only required to disclose the values of stock purchases and sales in broad ranges). These sales occurred as stock markets rose following the initial crash upon the “Liberation Day” announcement on April 2 and before stocks crashed again the next week as Trump attacked Federal Reserve Chairman Jerome Powell.
The Newhouses sold stocks including Amazon, Apple, Alphabet (Google’s parent company), Marathon Petroleum, Microsoft, Netflix, Paypal, Tesla, Verizon Communications, Visa, UnitedHealth Group, and agricultural equipment manufacturer John Deere. Rep. Newhouse serves on the House Committee on Agriculture and the House Committee on Appropriations’ Subcommittee on Agriculture, Rural Development, and Food and Drug Administration meaning he often has privileged information about developments that can seriously impact agricultural markets.
When the tariffs were announced, Washington farmers saw their livelihoods thrown into doubt as overseas markets shuttered their doors from American agricultural goods. The impacts of Trump’s trade wars continue to reverberate throughout Washington’s farmlands and around the country.
“While Washington farmers were scrambling to figure out how they could survive Trump’s so-called ‘Liberation Day’ tariffs, Dan Newhouse and his wife were figuring out how to make a quick buck,” said Chair Shasti Conrad. “Dan Newhouse’s constituents deserve answers about what he knew and when he knew it regarding Trump’s tariffs announcements, how that information impacted these stock sales, and exactly how much his family earned from these suspiciously timed sales.
“Washington Democrats call upon every member of congress to support the bipartisan legislation introduced that would ban our government officials from investing in individual stocks. The corrosive power of insider knowledge combined with the ability to manipulate investments based on that information must be stopped in order to protect the public interest.
“Constituents in CD4 deserve better Representation that puts their needs above the pursuit of personal wealth. As Rep. Newhouse sells out his constituents who rely on Apple Health (including 70% of everyone under 18 in his district) and nutrition assistance, these stock trades are further evidence that he’s only in it for himself.”
https://wadems.org/press/5-29-25-newhou ... -families/
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