Rep. Anna Paulina Luna detailed what she described as extensive financial conflicts of interest in Congress, arguing that lawmakers’ personal investments in major corporations hinder their ability to address issues ranging from housing to pharmaceutical pricing.
In a public statement, Luna presented data on congressional stock holdings and urged immediate action to restrict individual trading by lawmakers.
“Okay, I brought numbers because numbers do not lie,” Luna said.
She noted that members of both parties often claim to have solutions for affordability, the housing crisis, and pharmaceutical costs, but their personal financial interests tell a different story.
“So when you hear members of both parties saying that they have solutions for affordability, the housing crisis, pharmaceuticals, all this, and yet, you look at their personal investments, you’ll know that it’s literally just political gamesmanship,” she said.
Luna criticized the lack of meaningful restrictions on congressional trading, pointing to what she described as daily occurrences of insider behavior.
“Unless we actually prevent insider trading, which is happening every single day in Congress, if people are telling you otherwise, they are lying to you,” she said.
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Luna called for reforms similar to rules governing the executive branch, stating that without them, lawmakers will remain financially tied to the same industries they are tasked with regulating.
She identified three major areas of concern: Big Pharma, BlackRock, and Vanguard.
“You have people on both sides that are controlled up for the three big ones, BlackRock, Vanguard and Big Pharma,” Luna said.
Presenting the data, Luna continued: “Okay, so in the house, you have 25% of members, and in the Senate, 30% of members that own personally totaling about $100 million in stocks in Big Pharma.”
She added that BlackRock and Vanguard holdings also represent a significant exposure.
“Then you have black rock and vanguard in Black Rock, that big, spooky organization that, in my opinion, is contributing to the housing crisis in this country because you’re buying up all those single family homes. Yeah, you have about 13 members reported holdings, but that’s a significant number, especially when you have only 535, members,” she said.
Luna emphasized that roughly a third of Congress has personal investments linked to the industries they oversee.
“So roughly, all that to say, roughly one in three members of Congress have exposure to either pharmaceutical, Big Pharma, BlackRock and Vanguard,” she said.
She questioned whether lawmakers could produce credible policy solutions while personally benefiting from those same sectors.
“Do you really think that they’re going to be able to fix and bring forward great solutions when they are personally benefiting and impacted off of the legislation that’s coming off the House floor? And the answer is no.”
She added that while she is willing to work with any lawmaker committed to reform, the current pace of action is insufficient.
“So look, I’m all for solutions. I will work with anyone to come forward with a solution, but to do nothing is not the angle.”
Luna referenced recent remarks by the Speaker of the House indicating support for addressing congressional stock trading.
“I know the speaker actually just went to the press and said that, you know, he’s wanting to stop the insider trading. That’s great. I think America wants us to stop instead of trading, and so I’m happy to work with him,” she said.
She concluded by calling on the public to demand change.
“But the point is is to do nothing is to do a great disservice to the American people. And I’m not going to be quiet, and I’m not going to let this go, because this is a serious issue. We really want to talk about the crux of the problems in this country. Look no further than the insider trading. It is really bad. It needs to stop. Frankly, the American people should be letting their voices heard on this.”
WATCH:
1 in 3 members of Congress have exposure to Big Pharma, Vanguard, and BlackRock. These corporations and companies are part of the reason why we have some of the biggest issues in our country right now ! Insider trading is happening in Congress and it’s illegal. This is a… pic.twitter.com/ohUJv5zh6J
— Anna Paulina Luna (@realannapaulina) December 3, 2025
