{"id":169647,"date":"2026-04-18T22:05:07","date_gmt":"2026-04-18T22:05:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-pa\/169647\/"},"modified":"2026-04-18T22:05:07","modified_gmt":"2026-04-18T22:05:07","slug":"scranton-mayor-cognetti-arizona-sen-kelly-blast-rep-bresnahan-at-nanticoke-town-hall","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-pa\/169647\/","title":{"rendered":"Scranton Mayor Cognetti, Arizona Sen. Kelly blast Rep. Bresnahan at Nanticoke town hall"},"content":{"rendered":"<p>Democratic congressional candidate Paige Cognetti promised Saturday to ban stock trading by members of Congress if voters elect her to represent them.<\/p>\n<p>At a Nanticoke town hall event packed with more than 100 supporters and featuring Arizona U.S. Sen. Mark Kelly, Cognetti\u2019s promise sounded similar to one that U.S. Rep. Rob Bresnahan made as he ran for the office two years ago.<\/p>\n<p>In a March 2024 letter to a newspaper, Bresnahan, a Republican, called for an immediate end to congressional stock trades and promised to introduce a bill banning the practice.<\/p>\n<p>After he won election and took office in January 2025, Bresnahan kept trading stocks and introduced a ban amid criticism of his trading. Since December, as criticism mounted, he has stopped all trades until a ban is passed.<\/p>\n<p>Cognetti, a Democrat, said she\u2019ll keep her promise if she defeats Bresnahan.<\/p>\n<p>\u201cYou have to show that you are willing to sacrifice to be in public service. I&#8217;ve been doing that as mayor,\u201d said Cognetti, now in her seventh year as Scranton\u2019s mayor.<\/p>\n<p>Cognetti said Bresnahan introduced a stock trading ban \u201cthat nobody supports\u201d and carries \u201ca tax loophole.\u201d<\/p>\n<p>\u201cHe thinks that people of NEPA are that ignorant, that we are okay with that,\u201d she said. \u201cThat is just not okay.\u201d<\/p>\n<p>End Citizens United, a Washington, D.C.,-based group dedicated to upending the U.S. Supreme Court ruling that allowed corporations to donate to political candidates, hosted the town hall at Luzerne County Community College.<\/p>\n<p>Group leader praises Kelly<\/p>\n<p>Tiffany Muller, the group\u2019s president, said Kelly is the only member of Congress who refuses to accept corporate donations, publishes his daily schedule online and placed his and his wife\u2019s investment portfolios in a blind trust.<\/p>\n<p>\u201cSo we don&#8217;t even know what&#8217;s in there,\u201d Kelly said.<\/p>\n<p>A blind trust means a person is forbidden from knowing how money is invested. Presidents have routinely placed investments in blind trusts while serving, though President Donald Trump has not.<\/p>\n<p>For an elected official, a blind trust also aims to limit the possibility official actions will be motivated by the effect on investments.<\/p>\n<p>Bresnahan stock trading history<\/p>\n<p>After taking office in January 2025, Bresnahan became one of the most prolific stock traders in Congress, <a href=\"https:\/\/www.quiverquant.com\/congresstrading\/politician\/Robert%20Bresnahan-B001327\" class=\"Link\" target=\"_blank\" rel=\"nofollow noopener\">according to Quiver Quantitative<\/a>, which tracks trading.<\/p>\n<p>In May 2025, a month after a New York Times story pointed out his stock trading, Bresnahan denied he ever told his financial adviser how to invest and introduced a bill aimed at banning trading. But he declined to tell his financial adviser to stop trading stocks for fear of losing his money.<\/p>\n<p>He also tried to place his assets in a blind trust but said he didn&#8217;t because he wasn\u2019t happy with U.S. House restrictions that forbid him from using the same financial adviser.<\/p>\n<p>In December, Bresnahan signed onto a House petition to force a vote on a stock trading ban bill. The petition has failed to move forward. Bresnahan has stopped trading stocks, except when a corporate merger forces him to sell, according to Quiver Quantitative.<\/p>\n<p>Cognetti did not say if she would be willing to place her investments in a blind trust until Congress adopts a stock trading ban. Efforts to reach her later were unsuccessful.<\/p>\n<p>Cognetti touts anti-corruption record<\/p>\n<p>Cognetti said she\u2019s fought corruption since she was appointed a Scranton school director in 2018.<\/p>\n<p>\u201cWe&#8217;ve had judges, mayors, county commissioners, state senators actually go to prison for public corruption. That is not fair to us. There is a cost to that,\u201d Cognetti said.<\/p>\n<p>She ran for mayor after Mayor Bill Courtright resigned and went to federal prison on corruption charges.<\/p>\n<p>\u201cI was very pregnant with our first child and was not going to raise our family in a place where corruption was just okay,\u201d she said. \u201cOur local Democratic party went into a closed room, anointed (another) candidate and essentially said &#8230; \u2018Meet your new mayor\u2019 &#8230; We won that race. We won big.\u201d<\/p>\n<p>As mayor, Cognetti said she\u2019s limited spending that benefits public officials.<\/p>\n<p>\u201c(There are) no no-show jobs anymore, right? We run the place well, we make sure that we manage our contracts, we procure our contracts, we make sure that those tax dollars are used and respected and used in a way that helps people, actually serves people,\u201d she said.<\/p>\n<p>Kelly rips corporate donors<\/p>\n<p>Kelly decried the corruption spawned by corporate donations. Once, fewer than 300 billionaires contributed less than 1% of all campaign money. Now, it\u2019s 19%, he said.<\/p>\n<p>\u201cAnd people don&#8217;t become that rich without expecting a return on an investment, right?\u201d he said.<\/p>\n<p>He said members of Congress have a lot of inside information that can inform stock trades. He called Bresnahan one of Congress\u2019 \u201cworst offenders.\u201d<\/p>\n<p>\u201cUsually you can be held accountable. Not the case here in this district, not right now, not with this guy,\u201d he said.<\/p>\n<p>Bresnahan fires back<\/p>\n<p>Bresnahan\u2019s campaign issued a statement criticizing Cognetti for ending maternity leave for unionized city employees, ignoring crime while raising money to run for Congress and laying off teachers as a school director.<\/p>\n<p>The statement also accuses Kelly of \u201cparachuting into Nanticoke to stump for Paige Cognetti &#8230; to lecture the hardworking people of Northeastern Pennsylvania about &#8220;corruption&#8221; and &#8220;making the government work for working families.&#8221;<\/p>\n<p>\u201cMayor Cognetti and Mark Kelly don&#8217;t know NEPA, aren\u2019t from here, and don&#8217;t speak for us,\u201d the statement says. \u201cNortheastern Pennsylvanians won\u2019t be fooled.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Democratic congressional candidate Paige Cognetti promised Saturday to ban stock trading by members of Congress if voters elect&hellip;\n","protected":false},"author":2,"featured_media":169648,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[178,180,179],"class_list":["post-169647","post","type-post","status-publish","format-standard","has-post-thumbnail","category-scranton","tag-scranton","tag-scranton-headlines","tag-scranton-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/169647","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/comments?post=169647"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/169647\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media\/169648"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media?parent=169647"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/categories?post=169647"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/tags?post=169647"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}