Josh Hawley Reintroduces ‘Pelosi Act’ to Ban Congressional Stock Trading
Senator Josh Hawley has revived efforts to restrict stock trading by U.S. lawmakers with the reintroduction of the Preventing Elected Leaders from Owning Securities and Investments (PELOSI) Act. The legislation, which stalled under the Biden administration, aims to eliminate potential conflicts of interest by prohibiting members of Congress and their spouses from holding individual securities.
Hawley’s push comes amid growing scrutiny over elected officials’ market activities. The bill’s previous failure to advance remains unexplained, though its renewed introduction signals persistent bipartisan concerns about ethical transparency in government.