Roy Cooper called for a congressional stock trading ban, but hypocritically owns millions in mutual funds and stocks, according to The Blue Ridge Times. Cooper’s net worth ballooned to as high as $9.8 million over his political career.
“Roy Cooper wants to distract from the fact he became a multimillionaire while on the taxpayers’ payroll for nearly 40 years in elected office, including millions in mutual funds and stocks. It’s a desperate facade that North Carolinians aren’t buying,” said NRSC Regional Press Secretary Nick Puglia.
Read more from The Blue Ridge Times:
Late last year, [Roy] Cooper unveiled his “first” policy position as a Senate candidate, a ban on congressional stock trading.
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Infamously, former House Speaker Nancy Pelosi, whom Cooper referred to as a “trailblazer” and “generational leader,” posted a staggering 16,930% return on investment, beat the market by 581%.
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After decades in public office, Cooper’s net worth now exceeds several million. The mandatory financial disclosure reveals that Cooper’s assets are between $4.3 million and $9.8 million, mostly in stocks and mutual fundsNCGOP Communications Director Matt Mercer said, “It’s ironic Roy Cooper says he’s against a stock trading ban when he spent much of his time as Governor shaking down corporations and directing Green New Scam projects to areas his family directly benefited. After 40 years in elected office, he knows no other way to make a living other than on the taxpayers’ dime.”
While Cooper was growing his net worth, as Governor he continued policies that increased costs of normal North Carolinians.
- Cooper signed legislation that expanded sales tax in North Carolina.
- The gas tax increased under his leadership.
- Finally, Cooper opposed President Trump’s Working Family Tax Cuts to protect the largest tax cut in history, boost the child tax credit to $2,500 for 40 million families, and end taxes on tips and overtime for North Carolinian service workers.
Read more here.