Wisconsin Democrats target insulin and stock trading in new Congress

Wisconsin Democrats are moving to prioritize cost reduction and oversight measures following their party's victory in the November 2026 elections. U.S. Sen. Tammy Baldwin and U.S. Rep. Mark Pocan identified affordability and accountability as the primary concerns raised by voters during the campaign. The pair aims to translate these priorities into legislative action once their party assumes control of both chambers of Congress.

Baldwin stated that the party intends to lower costs for consumers while exercising oversight to address perceived corruption. She specifically targeted the pharmaceutical industry, arguing that Medicare must engage in stronger negotiations with drug companies. Baldwin proposed capping the out-of-pocket price of insulin at $35 for all patients who require the medication. She noted that this specific cost cap has support from members of both parties.

Rep. Pocan focused on structural changes to Capitol Hill finances. He advocated for a stock ban for members of Congress to prevent lawmakers from making legislative decisions based on their personal investment portfolios. Pocan said this rule would ensure that voting decisions are made for the benefit of constituents rather than shareholders. He also highlighted the need to lower prices for gas and groceries as part of the affordability agenda.

The Wisconsin delegation linked economic policy to foreign relations. Pocan argued that ending the war in Iran would have the largest impact on gas prices. He also said Congress should assume a larger role in setting tariff policies, a power he said belongs to the legislative branch under the Constitution. He believed shifting tariff authority to Congress would help stabilize the cost of everyday goods and groceries.

Democrats are currently finalizing their leadership structure for the new term. New York Rep. Hakeem Jeffries is running unopposed for the Democratic nomination for speaker of the House. In the Senate, Baldwin has announced her support for Chuck Schumer to serve as majority leader. These internal elections will determine who manages the legislative agenda for the upcoming session.