Congressman Dumps Medicaid Stocks Before Voting for Cuts

Friday, November 21, 2025

One week before he voted to significantly cut Medicaid, Rep. Rob Bresnahan (R-PA) dumped $130,000 worth of stock in Centene, Elevance Health, UnitedHealth, and CVS Health, a quartet of companies that manages nearly half of all Medicaid enrollees in the US.

Posted by C0RI0LANUS at 12:33 PM | 4 COMMENTS | permalink | Comment on This Entry |

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"A week before he voted to significantly cut Medicaid, Rep. Rob Bresnahan dumped six figures' worth of stock in a quartet of companies that manage nearly half of all Medicaid enrollees in the country, according to public disclosure documents reviewed by NBC News."

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-- Popular Information (@popular.info) Nov 21, 2025 at 11:33 AM

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Rob Bresnahan (R-PA) became one of the most prolific stock traders in Congress after he took office this year. The oligarch is worth around $70 million which he received after selling control of his family's electrical contracting company. The starting salary for a freshman congressman is $174,000 per annum plus platinum healthcare overseen by a USN Admiral, the Attending Physician of the US Congress. Bresnahan whined that banning stock trading by Congress members would "leave him broke." The oligarch represents one of Pennsylvania's most impoverished congressional districts: PA 8th CD

To hide his wealth from his poor constituents, Rob Bresnahan amateurishly tried to cover up the purchase of a $1.5 million private helicopter.

"I got mine, Suckers and Losers!"

#1 | Posted by C0RI0LANUS at 2025-11-21 07:06 AM | Reply | Newsworthy 1

Insider trading is now a perk of the job.

#2 | Posted by Doc_Sarvis at 2025-11-21 07:17 AM | Reply

Now?

hardly.

#3 | Posted by eberly at 2025-11-21 08:27 AM | Reply

There's less need to hide it now that Trump and Republicans have made this kind of thing Standard Operating Procedure.

Wait until we see the payoffs for the 'donors' to the Trump Ballroom Casino.

#4 | Posted by Corky at 2025-11-21 12:54 PM | Reply