Sen. Josh Hawley has introduced a bill specifically named after former House Speaker Nancy Pelosi that would prevent congressional insider trading by members or their families.
Rep. James Comer, R-Ky., rips Paul Pelosi after his multi-million dollar stock purchase sparked controversy.is looking to prevent lawmakers and their spouses from trading stocks on which the officials would have privileged information and used the bill's title to make a not-so-subtle dig at former House Speaker Nancy Pelosi.
US House Speaker Nancy Pelosi, a Democrat from California, speaks during a news conference at the US Capitol in Washington, DC, US, on Thursday, Dec. 22, 2022. CNN, MSNBC, ABC, CBS, NBC IGNORE PELOSI'S HUSBAND BUYING OVER $1 MILLION OF COMPUTER CHIP STOCK AHEAD OF VOTE The push to prevent lawmakers from privately profiting through their public office has bipartisan support, and Hawley, and others on both sides of the proverbial aisle have initiated legislative action to outlaw such action.
The TRUST Act, formally the Transparent Representation Upholding Service and Trust in Congress Act, would require lawmakers and family members to transfer specific investments into a qualified blind trust while serving in Washington.
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