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Author Topic: GOP senator introduces PELOSI Act to drastically change Congress  (Read 88 times)

Offline y04185

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A Republican in the U.S. Senate 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.

On Tuesday, Sen. Josh Hawley, R-Mo., introduced the PELOSI Act, officially the Preventing Elected Leaders from Owning Securities and Investments Act, requiring members and their spouses to divest any holdings or put them in a blind trust within six months of entering office.

"Members of Congress and their spouses shouldn’t be using their position to get rich on the stock market - today l’m introducing legislation to BAN stock trading & ownership by members of Congress. I call it the PELOSI Act," he wrote on Twitter Tuesday.

The bill comes after revelations last year that Nancy’s husband, Paul Pelosi, traded between $1 million and $5 million of stocks for semiconductors just days before Congress allocated $52 million to the indu
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Offline oldsport

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Re: GOP senator introduces PELOSI Act to drastically change Congress
« Reply #1 on: January 25, 2023, 10:41:51 AM »
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A Republican in the U.S. Senate 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.

On Tuesday, Sen. Josh Hawley, R-Mo., introduced the PELOSI Act, officially the Preventing Elected Leaders from Owning Securities and Investments Act, requiring members and their spouses to divest any holdings or put them in a blind trust within six months of entering office.

"Members of Congress and their spouses shouldn’t be using their position to get rich on the stock market - today l’m introducing legislation to BAN stock trading & ownership by members of Congress. I call it the PELOSI Act," he wrote on Twitter Tuesday.

The bill comes after revelations last year that Nancy’s husband, Paul Pelosi, traded between $1 million and $5 million of stocks for semiconductors just days before Congress allocated $52 million to the indu

 :clap: :clap: :clap: :clap: :clap: :clap: :clap:

Offline cee dog

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Re: GOP senator introduces PELOSI Act to drastically change Congress
« Reply #2 on: January 25, 2023, 11:35:14 AM »
The sad part is uneducated morons think the Republican party is going to actually pass this bill  :lmao:
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Offline Wildman78

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Re: GOP senator introduces PELOSI Act to drastically change Congress
« Reply #3 on: January 25, 2023, 11:41:38 AM »
Minnesota Democrat reintroducing bill banning members of Congress from owning, trading stocks

Rep. Angie Craig (D-Minn.) on Wednesday announced she’s reintroducing legislation to keep members of Congress from owning or trading stocks.

“Our constituents sent us to Congress to lower health care costs, fix our roads and bridges and help create good-paying jobs, not play the stock market and line our own pockets. Unfortunately, some of my colleagues have gotten sidetracked by special interests and conflicts of interest,” Craig said in a release about the Halt Unchecked Member Benefits with Lobbying Elimination (Humble) Act.

https://thehill.com/homenews/house/3829846-minnesota-democrat-reintroducing-bill-banning-members-of-congress-from-owning-trading-stocks/

Haven't there been previous attempts to enact similar legislation?  :shrug:

Offline y04185

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Re: GOP senator introduces PELOSI Act to drastically change Congress
« Reply #4 on: January 25, 2023, 12:32:40 PM »
Minnesota Democrat reintroducing bill banning members of Congress from owning, trading stocks

Rep. Angie Craig (D-Minn.) on Wednesday announced she’s reintroducing legislation to keep members of Congress from owning or trading stocks.

“Our constituents sent us to Congress to lower health care costs, fix our roads and bridges and help create good-paying jobs, not play the stock market and line our own pockets. Unfortunately, some of my colleagues have gotten sidetracked by special interests and conflicts of interest,” Craig said in a release about the Halt Unchecked Member Benefits with Lobbying Elimination (Humble) Act.

https://thehill.com/homenews/house/3829846-minnesota-democrat-reintroducing-bill-banning-members-of-congress-from-owning-trading-stocks/

Haven't there been previous attempts to enact similar legislation?  :shrug:

democrats vote against it.
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Offline Wildman78

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Re: GOP senator introduces PELOSI Act to drastically change Congress
« Reply #5 on: January 25, 2023, 02:19:56 PM »
democrats vote against it.

Really? When did the House or Senate ever vote on a bill to prevent Congress members from investing in or owning stocks?

Offline y04185

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Re: GOP senator introduces PELOSI Act to drastically change Congress
« Reply #6 on: January 25, 2023, 05:23:11 PM »
democrats vote against it.

Really? When did the House or Senate ever vote on a bill to prevent Congress members from investing in or owning stocks?

You have to look at the committee votes.
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Offline soflorattler

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Re: GOP senator introduces PELOSI Act to drastically change Congress
« Reply #7 on: January 25, 2023, 06:21:34 PM »
democrats vote against it.



Really? When did the House or Senate ever vote on a bill to prevent Congress members from investing in or owning stocks?

You have to look at the committee votes.
Reading is fundamental. Comprehension is imperative

Stop deflecting and dodging. Answer Wildman's question: When did the House or Senate ever vote on a bill to prevent Congress members from investing in or owning stocks?

The answer is not "You have to look at the committee votes." That's not a "when" answer.

 

 

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