""This Congressman literally dumped stock in a Medicaid provider company right before this bill came to the floor," wrote Rep. Melanie Stansbury (D-N.M.) on X. "Don't be fooled - these guys know exactly what they're doing.""
"Republican Congressman Robert Bresnahan sold shares in Centene Corporation before voting for a budget package that cut over $1 trillion from Medicaid and CHIP."
Republican Congressman Robert Bresnahan faced backlash after he sold his shares in Centene Corporation prior to supporting a budget bill that imposes significant cuts to Medicaid and CHIP. Quiver Quantitative revealed that Bresnahan unloaded his stock before its value plummeted by over 40%. Despite claiming he doesn't manage his investments, Bresnahan has not established a blind trust to avoid conflicts of interest. Democratic colleagues expressed outrage over the timing of his stock sale in relation to the legislative vote.
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