Elaine Luria Backs Congressional Stock Ban as $22 Million Net Worth Draws Scrutiny
Updated
Updated · Fox News · Jun 19
Elaine Luria Backs Congressional Stock Ban as $22 Million Net Worth Draws Scrutiny
2 articles · Updated · Fox News · Jun 19
Summary
Elaine Luria said at a recent candidate forum she now supports banning members of Congress from owning or trading stocks, calling it a public-trust issue as she seeks a House comeback in Virginia.
That marks a reversal from 2022, when Luria dismissed a stock-ban proposal as “bull----,” and comes as her own finances face renewed attention in the competitive 2nd District race.
Disclosure records show Luria left office with holdings including $250,000 in Alibaba stock, while her husband bought $1,000 to $15,000 of Tesla shares in 2021 before she later voted for the infrastructure bill.
Her reported net worth rose from $1.13 million to more than $22 million during her 2019-2023 House tenure, a record likely to shadow her rematch with Republican Rep. Jen Kiggans after her 51.6% to 48.2% loss in 2022.