Rachel Maddow gave an unprepared Kellyanne Conway an epic verbal lashing on MSNBC’s “The Rachel Maddow Show” on Thursday night.
While they covered a wide range of topics one stuck out like a sore thumb: the dubious ethics of Tom Price trading stocks while passing legislation that affects those stocks.
Trump’s Pick For Health Secretary Has Made A Small Fortune Trading Medical Stocks.
While being involved in the stock market itself is not unethical at all, buying stocks before passing legislation that directly affects those stock prices comes across as dubious at best.
According to The Wall Street Journal, that is exactly what Tom Price has done:
Rep. Tom Price, a Georgia Republican, bought and sold stock in about 40 health-care, pharmaceutical and biomedical companies since 2012, including a dozen in the current congressional session, according to a Wall Street Journal review of hundreds of pages of stock trades he filed with Congress.
In the same two-year period, he has sponsored nine and co-sponsored 35 health-related bills in the House.
What the Republican Congressman is doing may very well violate the Stock Act of 2012 which explicitly bars politicians from using their knowledge of impending legislation to profit and make money. Something that, if any of us did, would be labeled as insider trading. Martha Stewart had to pay the price for this herself in 2014.
Rachel Maddow Epically Roasts Kellyanne Conway
Kellyanne Conway’s response to these illuminating accusations? “I’m learning about that while I’m sitting here so I would have to learn more information.” It looks like Trump isn’t vetting anyone he appoints to his cabinet. Maybe instead of trying to enforce stronger vetting on Syrian refugees he should focus on his cabinet.
She goes on to say that she doesn’t even know the “rules that govern the ability of members of Congress to have stocks.” The newly appointed Counselor to the President doesn’t know the rules that govern Congress. Let that sink in.
Watch Kellyanne Conway squirm in the hot seat on The Rachel Maddow Show below and let us know what you think in the comments section. This roasting is epic.
Featured image via screen capture from the video above.