Congress Faces Stock Trading Ban: PELOSI Act

Senator Josh Hawley has reintroduced the Preventing Elected Leaders from Owning Securities and Investments (PELOSI) Act, aiming to prohibit members of Congress and their spouses from trading individual stocks while in office. The legislation, named after former House Speaker Nancy Pelosi, reflects longstanding bipartisan concerns over potential conflicts of interest in congressional stock trading. If enacted, the bill would mandate lawmakers to divest individual stock holdings within 180 days, allowing investments only in diversified mutual funds, ETFs, or U.S. Treasury bonds