From Yahoo Finance: 2025-05-17 14:30:00

A bill to ban members of Congress from buying and selling stocks gains support from President Trump and Speaker of the House Mike Johnson. The Preventing Elected Leaders from Owning Securities and Investments Act, or PELOSI Act, targets Nancy Pelosi’s stock trading. Critics argue the ban may discourage qualified individuals from running for Congress due to low salaries.

Sen. Josh Hawley introduces the PELOSI Act to restore trust in Congress. The bill aims to prevent conflicts of interest and insider trading among elected officials. President Trump voices support for the ban, citing past instances of insider information benefiting politicians.

Despite ongoing debates, many members of Congress, including Nancy Pelosi, engage in stock trading while in office. Concerns about potential conflicts of interest arise over the timing of transactions. The bill to ban congressional stock trading faces low chances of passing in 2025, according to prediction markets.



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