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Latin Times
Latin Times
Politics
Morgan Music

GOP Lawmaker Caught 'Selling' Stock in Healthcare Group That Accepts Medicaid as 'Big, Beautiful Bill' Passes House, Trade Insider Says

An Insider Trading tracking group found that Rep. Rob Bresnahan (R-PA) dumped stock in a healthcare provider for Medicaid recipients in May, before the stock plummeted in response to Medicaid cuts in Trump's Big, Beautiful Bill. (Credit: Quiver Quantitative and Rob Bresnahan via X)

Rep. Robert Bresnahan (R-PA) reportedly dumped stock shares in a major healthcare provider for Medicaid recipients — stock that has now dropped nearly 44% as cuts to Medicaid in Republican's "Big, Beautiful Bill" are finalized by Congress.

According to Quiver Quantitative, which tracks stock trading among insiders, including Congress, Bresnahan sold his shares in Centene Corporation on May 15, days before the House initially advanced President Donald Trump's so-called "Big, Beautiful Bill," which includes sweeping tax cuts and spending increases. Critics warn the legislation could strain Medicaid funding and other social safety net programs.

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