Augusta, Maine – In case you missed it, new reporting from the Bangor Daily News is revealing Susan Collins refuses to back bipartisan legislation that would prevent her and her spouse from trading and selling stocks. According to the report, Collins’ “portfolio reportedly rose in value by about 77.5 percent in 2024, which put Collins eighth among members of Congress for growth.”
Maine Democratic Party spokesperson Tommy Garcia: “Susan Collins continues to show Mainers she is more concerned about Wall Street and her own bottom line than she is about fighting for everyday Mainers.”
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Bangor Daily News: Susan Collins does not support a Republican’s proposed stock trading ban
By Billy Kobin
August 1, 2025
U.S. Sen. Susan Collins does not support her Republican colleague’s bill to ban lawmakers, presidents and vice presidents from trading stocks.
U.S. Sen. Josh Hawley Hawley [...] joined Democrats on the Senate Homeland Security and Governmental Affairs Committee to advance the bill 8-7 on Wednesday, while all other Republicans opposed it. The measure is causing infighting on an idea that broad majorities of voters favor but that has failed in previous years to gain support among members of Congress targeted by the legislation.
Collins, the Senate Appropriations Committee chair, had opposed similar efforts a few years ago.
Collins’ most recent financial disclosure for calendar year 2024 mirrored her past reports by attributing all stock assets to her husband, Tom Daffron, a former Senate staffer who also ran a lobbying firm. The shares in companies such as Amazon, Microsoft and UnitedHealth Group were worth at least roughly $1.5 million, per the disclosure.
The couple’s portfolio reportedly rose in value by about 77.5 percent in 2024, which put Collins eighth among members of Congress for growth.
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