{"id":107720,"date":"2026-01-06T16:37:09","date_gmt":"2026-01-06T16:37:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/107720\/"},"modified":"2026-01-06T16:37:09","modified_gmt":"2026-01-06T16:37:09","slug":"ron-desantis-backs-anna-paulina-lunas-trading-ban-requirements-for-florida-candidates-to-disclose-stock-intentions","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/107720\/","title":{"rendered":"Ron DeSantis backs Anna Paulina Luna’s trading ban, requirements for Florida candidates to disclose stock intentions"},"content":{"rendered":"

Gov. Ron DeSantis supports a congressional stock trading ban championed<\/a> by U.S. Rep. Anna Paulina Luna. But even if Congress won\u2019t implement such restrictions, he wants Florida to require federal candidates to disclose any plans to pursue riches on the job.<\/p>\n

At a Pinellas County press conference, DeSantis, a former Congressman<\/a>, urged every member of Florida\u2019s congressional delegation to support a trading ban. The Republican leader said he personally swore off any trading when he first won election to the U.S. House in 2012.<\/p>\n

\u201cI\u2019m poorer for it,\u201d he said. \u201cBut you know what? You only live once, and I\u2019d rather do what\u2019s right, and let the chips fall where they may.\u201d<\/p>\n

DeSantis said many accelerate their investments once they near the levers of power.<\/p>\n

\u201cYou\u2019ll have people get elected to Congress having never shown any investment acumen ever in their life, and then all of a sudden, they become Warren Buffett on steroids,\u201d DeSantis said.<\/p>\n

\"\"<\/a><\/p>\n

While Florida state government can\u2019t impose restrictions, even on its own federal Senators and Congressmen, DeSantis said the Legislature can place requirements on candidates to qualify for the ballot. He wants the Legislature this year to pass a requirement that any candidate for federal office disclose if they intend to trade while holding office.<\/p>\n

\u201cWhen they qualify for federal office, there\u2019s going to be a check box, \u2018Do you intend to trade individual stocks while you\u2019re in Congress? Yes or no,\u2019\u201d DeSantis said.<\/p>\n

\u201cSo you as a voter will know what they said. And if they say no, well, when they run for re-election, they have to answer a second question. \u2018Did you, in fact, trade any stocks individually while you were in Congress?\u2019 And if they say yes, then that means they broke their word to you and honestly lied on those forms.\u201d<\/p>\n

Of note, DeSantis said he does not believe that state lawmakers, who work part time, should face the same requirement or restrictions on trading, as they don\u2019t handle policy that influences the stock market the same way.<\/p>\n

Luna has a discharge petition circulating to force a vote on any trading by sitting members of Congress. She appeared alongside DeSantis in her district and welcomed his support.<\/p>\n

\"\"<\/a><\/p>\n

\u201cMembers that do engage in stock trading on both sides are getting 600% returns and outperforming the S&P, so how could you ever expect members of Congress to truly work for the American people?\u201d Luna said.<\/p>\n

Lt. Gov. Jay Collins also appeared and cheered DeSantis and Luna on the policy proposals.<\/p>\n

\u201cIt\u2019s a simple way to hold people accountable and give power back to our people,\u201d he said.<\/p>\n

Both DeSantis and Luna pointed to a popular Republican target, former Democratic House Speaker Nancy Pelosi, whose net worth grew to beyond $278 million over her 39 years in Congress, according to Quiver Qualitative<\/a>. But they both stressed that this isn\u2019t an issue impacting just one side of the political aisle.<\/p>\n

\u201cI know Republicans always talk about Pelosi, and I do too a lot, because honestly, it\u2019s, it\u2019s a good example to use for a variety of things,\u201d DeSantis said.<\/p>\n

\u201cBut let\u2019s just understand this is a bipartisan ailment. This is not just Democrats. And I think it\u2019s important that as a Republican, you\u2019re willing to stand up and say, \u2018You know what, we need to clean both houses up.\u2019\u201d<\/p>\n

Luna said support<\/a> for her discharge petition also comes from both sides. Of the 74 signatures already on her discharge petition, supporters include Democratic U.S. Reps. Maxwell Frost of Orlando, Jared Moskowitz of Parkland, Darren Soto of Kissimmee and Frederica Wilson of Miami, along with Republican U.S. Reps. Cory Mills of New Smyrna Beach and Greg Steube of Sarasota.<\/p>\n

\u201cIt is the most bipartisan bill currently in Congress. We have people that you would never expect, probably people that you don\u2019t politically align with, that are actually supporting these efforts because they know it\u2019s bad and it needs to end,\u201d she said.<\/p>\n

If Luna can get 218 signatures on her petition, a full trading ban will go to a floor vote even though it isn\u2019t supported by Republican<\/a> or Democratic<\/a> leadership. But Luna also expressed optimism that Speaker Mike Johnson would allow some form of a trading ban even without having his hand forced.<\/p>\n

\u201cI\u2019m happy to report, Governor, that we actually have met with the Speaker of the House and that we are going to be putting something on the floor coming up this quarter that will permanently stop the insider trading, which it is happening in Washington, D.C.,\u201d she said.<\/p>\n

Johnson has supported an alternative ban<\/a> that would restrict personal trading of individual stock by lawmakers while still allowing them to own portfolios controlled by third parties.<\/p>\n","protected":false},"excerpt":{"rendered":"Gov. Ron DeSantis supports a congressional stock trading ban championed by U.S. Rep. Anna Paulina Luna. But even…\n","protected":false},"author":2,"featured_media":107721,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[8861,28,30,29,55167,9778,412,55168],"class_list":{"0":"post-107720","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-florida","8":"tag-anna-paulina-luna","9":"tag-florida","10":"tag-florida-headlines","11":"tag-florida-news","12":"tag-insider-trading","13":"tag-mike-johnson","14":"tag-ron-desantis","15":"tag-stock-trading-ban"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/107720","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=107720"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/107720\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/107721"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=107720"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=107720"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=107720"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}