Fact Check: Beasley's claim, "64 lawmakers have broken a law to stop insider stock trading."
1North Carolina Democrat Cheri Beasley said in a recent ad that "64 members of Congress - Republicans and Democrats - have broken a law to stop insider stock trading, yet Washington refuses to do anything about it." PolitiFact NC checks her claim.
Full Story: https://www.wral.com/fact-check-beasley-says-64-lawmakers-have-broken-a-law-to-stop-insider-stock-trading/20439522/
“I’ll admit, I’ve never worked in Washington,” Beasley said in the ad. “But to me, there's a lot going on there that makes no sense. Like get this: 64 members of Congress – Republicans and Democrats – have broken a law to stop insider stock trading. Yet, Washington refuses to do anything about it.”
Beasley, a former chief justice of the North Carolina Supreme Court, is running for the Senate seat that will soon be vacated by Republican U.S. Sen. Richard Burr. She faces Republican U.S. Rep. Ted Budd in what could be one of the closest Senate races in the nation.
Beasley’s claim “may very technically be true, but it hides a lot of important nuance and distinctions,” said Robert Walker, a former chief counsel for the Senate and House ethics committees.
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