Sen. Josh Hawley, R-Mo., reintroduced the PELOSI Act, which would ban lawmakers and their spouses from trading individual stocks while in office, though they could still invest in mutual funds, ETFs and Treasury bonds.
The bill is named after Rep. Nancy Pelosi, whose stock portfolio reportedly gained 54% in 2024, with scrutiny focused on her husband Paul Pelosi's "particularly timely investments before key legislative actions."
President Trump stated he would "absolutely" sign legislation banning congressional stock trading if it reached his desk.