Click here: to donate by Credit Card
Or here: to donate by PayPal
Or by mail to: Free Republic, LLC - PO Box 9771 - Fresno, CA 93794
Thank you very much and God bless you.
Posted on 04/28/2025 9:56:51 AM PDT by Navy Patriot
Sen. Josh Hawley, R-Mo., is reintroducing legislation Monday that would ban members of Congress and their spouses from trading stocks while in office.
Hawley introduced the "PELOSI Act" in 2023, but failed to make progress under President Joe Biden's administration. The proposal has since gained popularity among lawmakers on both sides of the aisle, and President Donald Trump himself said last week that he would "absolutely" sign such a ban if it came to 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," Hawley told Fox News Digital in a statement.
"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," he added.
(Excerpt) Read more at foxnews.com ...
Click here: to donate by Credit Card
Or here: to donate by PayPal
Or by mail to: Free Republic, LLC - PO Box 9771 - Fresno, CA 93794
Thank you very much and God bless you.
Oh Nancy, in your last days in the nursing home you’re going to think about me and giggle.
Didn’t congress ban lawmakers from trading stocks years ago and then when no one was looking remove the ban ? LOL
This is a law that should have been passed 30 years ago in the Gingrich Congress. We’ve had Republican-controlled Congresses before. The reason it hasn’t passed is because way too many Republicans benefit from insider trading.
I believe you are correct.
>>This is a law that should have been passed 30 years ago in the Gingrich Congress.
The STOCK act passed years ago, it’s only enforced against Republicans. Even if the PELOSI Act passes, it too will only be enforced against Republicans.
Dems wont vote for it..why, they will say “Hey that’s different” when Dems make millions off of insider trading
When they become a congress critter the only thing they should be able to touch is their pay everything else should be in a Trust
Better also add the senior staff for each member of congress to that ban, too.
There is literally a fund you can buy that mimics what Pelosi and her husband buy and it has beat the market every year...
when working for the government as a contractor or an employee you sign documents telling you that conflict of interest is illegal, period, so why are we not doing this with those who vote on laws benefiting their portfolio
What’s the name of the fund?
If I ever have any real money to invest, might have to try it.
I predict she never goes into a nursing home. Her handlers will prop her up in office until the bitter end.
Same as Finestein. Same as Biden. All they are is a figurehead for whackjob insane staffers to implement absurd policies.
The “Pelosi Act”. How appropriate!!
At the investment firms I worked for in the past, all trades had to be pre-cleared with a company compliance officer. I even wrote an application to facilitate the clearances. No need for a trading ban - Congress just needs a compliance officer to make sure members do not trade on information related to pending legislation..
Disagree, it’s too easy to use media to sabotage a stock with suggestion of government investigation or regulatory changes.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.