Axne still trading financial stocks

Sludge reports Rep. Cindy Axne, a member of the House Financial Services Committee, has been aggressively buying and selling stocks in companies she oversees.

This follows a September scandal where Axne broke the law by failing to disclose up to $645,000 in stock trades.

Sludge: “The Axnes have not shied away from trading finance industry stocks despite the appearance of potential for insider trading resulting from her Financial Services Committee seat.”

NRCC Comment: “It’s clear that Cindy Axne’s stock trading scandal hasn’t stopped her from continuing to aggressively buy and sell stocks in companies she oversees on the House Financial Services Committee. Iowans are going to fire Axne for using her public office to line her own pockets.” – NRCC Spokesman Mike Berg