Hawley introduces PELOSI Act - bill to ban stock trades by lawmakers and spouses trends now
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Missouri Sen. Josh Hawley reintroduced a bill to ban members of Congress and their spouses from owning and trading stocks, and used the name of his legislation to troll former Speaker Nancy Pelosi.
The Preventing Elected Leaders from Owning Securities and Investments (PELOSI) Act would give members and their spouses six months after first assuming office to divest any holdings or put them in a blind trust - mutual funds, exchange-traded funds and Treasury bonds would still be allowed.
Any members found in violation of the bill would have to 'return their profits to American taxpayers.'
Two years after the bill was signed the Government Accountability Office (GAO) would conduct an audit of members' compliance.
Missouri Sen. Josh Hawley reintroduced a bill to ban members of Congress and their spouses from owning and trading stocks, and used the name of his legislation to troll former Speaker Nancy Pelosi.
'Members of Congress and their spouses shouldn't be using their position to get rich on the stock market,' Hawley tweeted as he announced the bill.
Also on Tuesday Hawley announced he would
