Hawley’s “Pelosi Act” Bans Stock Trading By Congress

April 29, 2025 Republicans, Trump cultists

Via press release:

Today, U.S. Senator Josh Hawley (R-Mo.) reintroduced the Preventing Elected Leaders from Owning Securities and Investments (PELOSI) Act, which would ban members of Congress from trading or holding individual stocks. The move comes after President Trump announced he would sign such a bill into law if it crossed his desk.

“Members of Congress should be fighting for the people they were elected to serve—not day trading at the expense of their constituents,” stated Senator Hawley. “Americans have seen politician after politician turn a profit using information not available to the general public. It’s time we ban all members of Congress from trading and holding stocks and restore Americans’ trust in our nation’s legislative body.”

The PELOSI Act would ban lawmakers and their spouses from holding, purchasing or selling individual stocks for the duration of the lawmaker’s time in office. Lawmakers would be allowed to invest in diversified mutual funds, exchange-traded funds, or U.S. Treasury bonds while in office.

If passed, current lawmakers would have 180 days to comply with the legislation. Likewise, newly elected members of Congress would be required to comply within 180 days of taking office.

Members who refuse to comply with the PELOSI Act must forfeit any stock profits to the U.S. Department of the Treasury and face monetary penalties imposed by the House and Senate ethics committees.

Read the full press release. As you may know, the cult is spreading stupid lies about the net worth of prominent Democrats, particularly AOC, with some prominent cultists lying that she is “mysteriously” worth tens of millions. As for Pelosi, she is indeed fabulously wealthy, but the majority of her net worth derives from real estate investments made with her husband.



Tags

© joemygod.com 2025