Back to today’s briefing

Story perspectives

Congressman Faces Insider Trading Allegations Over Medicaid Cuts

7/4/2025

37 5

Summary

Story summary

Republican Congressman Robert Bresnahan is under fire for selling his Centene stock just before supporting a budget bill that slashes over $1 trillion from Medicaid. Senator Elizabeth Warren and others have accused him of insider trading. Meanwhile, Senate Republicans have pushed through a contentious tax and spending bill, jeopardizing their political futures with these drastic Medicaid cuts.

1 of 1

Story summary

Republican Congressman Robert Bresnahan is under fire for selling his Centene stock just before supporting a budget bill that slashes over $1 trillion from Medicaid. Senator Elizabeth Warren and others have accused him of insider trading. Meanwhile, Senate Republicans have pushed through a contentious tax and spending bill, jeopardizing their political futures with these drastic Medicaid cuts.