ICYMI: Hinson “Disingenuous” for Opposing Stock Trading Ban Discharge Petition, Holding Up To $5 Million in Insurance Company Stock
Heartland Signal: Despite “Boasting That She ‘Proactively’ Sold Her Individual Stocks,” Her “Massive Private Portfolio Remained Intact”
Punchbowl News: “[Hinson] Didn’t Sign onto Rep. Anna Paulina Luna’s (R-Fla.) Stock Trading Ban Discharge Petition”
DES MOINES – Last week, new reporting revealed that Ashley Hinson quietly holds up to $5 million in insurance company stock, undermining her campaign to ban congressional stock trading and claims that she sold her individual stocks.
The latest reports show that Hinson has increased her net worth by up to 10 times since she was sworn into office and opposed a bipartisan discharge petition to ban congressional stock trading and ownership. Both are derailing her Senate campaign less than a week into the general election.
“Ashley Hinson knows her history of corrupt self-dealing is a major vulnerability, which is why she’s touting her disingenuous support for a congressional stock trading ban,” said Iowa Democratic Party spokesperson Drew Myers. “The truth is she’s increased her wealth by up to tenfold while in office, still holds as much as $5 million in insurance company stock, and refused to support an effort to take on congressional stock trading. Iowans will see through her lies in November.”
Learn More About Ashley Hinson’s Hypocrisy:
- Punchbowl News: Stock trading ban plays on campaign trail
- The stock trading issue was particularly salient during our swing through Iowa last week, where scores of candidates brought it up unprompted.
- “I’m fighting to ban stock trading in Congress,” said Rep. Ashley Hinson, the GOP nominee for Senate, in her first campaign ad.
- Iowa Democrats find Hinson’s stance disingenuous, noting she didn’t sign onto Rep. Anna Paulina Luna’s (R-Fla.) stock trading ban discharge petition.
- Hinson’s opponent, Democrat Josh Turek, is also pushing a stock trading ban.
- “She’s someone that is now, in her time in D.C., 10 times more wealthy than when she went,” Turek said. Per Hinson’s financial disclosures, she entered Congress in 2020 with a net worth of between $560,000 and $1.7 million. As of her 2024 report, Hinson had a net worth of between $2 million and $8 million.
- Heartland Signal: Iowa Senate candidate Ashley Hinson touts congressional stock ban, while a loophole fueled her own wealth
- […] a closer look at Hinson’s federal financial disclosures and her recent votes in Congress reveals a gap between her campaign rhetoric and her personal finances. While Hinson did divest from just publicly traded stocks, her family’s net worth quietly skyrocketed by up to 10 times since she was sworn into office in January 2021.
- Because Hinson only divested from public equities, this massive private portfolio remained completely intact — propping up a family net worth that climbed from a maximum of $1.6 million before she took office to as much as $8 million by 2024.
- While Hinson publicly claims that serving in Congress should be “a privilege, not an investment opportunity,” the legislative reforms she champions would not even touch her family’s primary financial asset.
- Last December, Hinson refused to sign a House discharge petition that would have forced a floor vote on the End Congressional Stock Trading Act.
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