Exclusive: Matt Mowers Calls on Democrat Chris Pappas to Expand Ban on Insider Trading for Members, Spouses

Matt Mowers speaks before a campaign rally for President Donald Trump at Manchester-Boston Regional Airport, Friday, Aug. 28, 2020, in Londonderry, N.H. Mowers is a Republican candidate in the 1st Congressional District in New Hampshire's Sept. 8, primary election. (AP Photo/Charles Krupa)
Charles Krupa/AP Photo

New Hampshire’s First Congressional District Republican candidate Matt Mowers, looking to unseat vulnerable Democrat Rep. Chris Pappas, told Breitbart News that members of Congress and their immediate families should be banned from owning or trading individual stocks, with violators facing harsh penalties.

Mowers, who was once a senior White House adviser — working hand-in-glove with the Trump administration and then-secretary of state to advance the America First agenda and issues such as religious freedom, immigration, the border, and more — told Breitbart News that he calls on Rep. Chris Pappas (D-NH), his opponent and current member of Congress, to take action against members and their spouses for profiting on their corrupt insider trading practices.

“Once again, Pappas is all talk and no action. His biggest donor, Nancy Pelosi, and her spouse continue to make multi-million-dollar profits from corrupt insider trading practices,” said Mowers. “Instead of pushing meaningful reform, Pappas falls in line and protects business-as-usual in Washington, DC.”

Pappas has been labeled in the past, “Pelosi’s Personal Congressman,” after Breitbart News reported that federal fundraising records showed that Pelosi and her affiliated organizations funded 61 percent of the congressman’s campaign during the cycle from November 24, 2020, to December 31, 2020.

House Speaker Nancy Pelosi, D-Calif., right, and her husband Paul Pelosi arrive at the East Front of the U.S. Capitol ahead of President-elect Joe Biden’s inauguration, Wednesday, Jan. 20, 2021, in Washington. (Jim Lo Scalzo/Pool Photo via AP)

House Speaker Nancy Pelosi (D-CA) and her husband Paul Pelosi arrive at the East Front of the U.S. Capitol ahead of President-elect Joe Biden’s inauguration, Wednesday, Jan. 20, 2021, in Washington. (Jim Lo Scalzo/Pool Photo via AP)

“While career politicians have made millions in office, everyday Americans struggle to get by,” Mowers continued. “Elected officials and their immediate family should be prohibited from owning or trading individual stocks — and all of their economic interests should be placed in a blind trust while they are in office.

Mowers called for some of the strictest punishments for members of Congress who knowingly violate the policy, adding that he will help the people of New Hampshire when he is elected to Congress.

“Any member of Congress found in violation of this policy should forfeit their salary and pay a 100 percent penalty on any profits made from the illegal trade,” Mowers added. “In Congress, I’ll put New Hampshire first and deliver real reforms that benefit middle-class families, not career politicians and the rest of the swamp elite.”

Rep. Chris Pappas, D-N.H., attends a groundbreaking ceremony for a $1.7 billion dry dock project at Portsmouth Naval Shipyard, Wednesday, Sept. 8, 2021, in Kittery, Maine. King is recovering from COVID-19. (AP Photo/Robert F. Bukaty)

Rep. Chris Pappas (D-NH) attends a groundbreaking ceremony for a $1.7 billion dry dock project at Portsmouth Naval Shipyard, Wednesday, Sept. 8, 2021, in Kittery, Maine. (AP Photo/Robert F. Bukaty)

Mowers, who appears to be the first candidate to come out this strongly against members of Congress and their family members from trading stocks, was also the first candidate in the country in January 2020 to call for a travel ban from China before the country started to shut down.

Last week, former President Donald Trump told Breitbart News during a press call that he backs the bipartisan efforts to ban members of Congress from trading stocks. When asked about Pelosi’s stock trades that have outperformed the market, he said, “She has inside information. It’s not right. It’s not appropriate. It shouldn’t be.”

Similarly, a report from CNBC, Monday evening, revealed Minority Leader Kevin McCarthy (R-CA) and other top House Republicans had discussed ways to campaign on limiting members of Congress from trading stocks and noted that they would try and pass legislation when they regain the majority in the House.

Jacob Bliss is a reporter for Breitbart News. You can follow him on Twitter.

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