Pelosi Caves, Will Support Ban on Stock Trading in Congress

Gage Skidmore Flickr

House Speaker Nancy Pelosi changed course and signaled she will support a ban on members of Congress trading stocks however only under the condition that it’s “government wide.” According to reports, Democrats are hoping to vote on a bill implementing the ban by the end of the year, possibly before November’s midterm elections.

The Hill reports:

During a press conference Wednesday, Pelosi said that lawmakers are looking to find consensus on “government wide” stock trading reforms that also cover the judiciary, including Supreme Court justices, who currently aren’t required to disclose financial transactions.

“The third branch of government, the judiciary, has no reporting,” Pelosi added at a Capitol news conference. “The Supreme Court has no disclosure. It has no reporting of stock transactions. And it makes important decisions every day.”

Senate Majority Leader Charles Schumer (D-N.Y.) also got behind a congressional stock trading ban this week, further bolstering its chances.

“I have asked our members to get together to try to come up with one bill,” Schumer told reporters Tuesday. “I would like to see it done.”

Previously, Pelosi who has made millions from the stock market signaled her support for members of Congress being able to participate in the “free-market economy.”

It’s unclear just how Democratic leaders would attempt to prevent lawmakers from trading individual stocks. Most proposals would require members of Congress to place their assets in a blind trust. Pelosi’s spokesperson did not immediately respond to a request for comment.

Several bills to end the practice of congressional stock trading have already been introduced but have failed to gain momentum.



  1. Will they be able to keep all they have earned by getting before hand info? OF course they will, never should have asked and answered my own question. They will just find another way to by pass that law, like they are so good at.

    1. She is the the speaker of the House.
      The third in line to the Presidency.
      All bills directly affect everyone’s finances..

      1. A non sequitur followed by another, followed by a moronically simplistic, obvious but irrelevant observation. In other words you have nothing to offer and made a fool of yourself. nothing new there.

        1. Just the truth.
          And it hurts.
          John M.is a fool
          Pelosi will have an affect on all bills for at least the next year.
          Nothing new there.

      1. Trump’s presence in Congress is quite strong. The election fraud that stole his victory hasn’t benn forgotten. Look at what is happening right now in Pennsylvania, dimwit.

      2. The pathetic liberal Albert speaks again. Albert why are you still talking about Trump is it to distract from that loser Biden or that pig Pelosi? Always the same bs bring up Trump when anyone points out your lies or cheating.

    1. It seat is hers for as long as she wants it.
      She got 78% of the vote in her district in 2020.
      Trump did not get more 69% in any state.
      He got more than 60% in only ten states.

      1. Because Dems cheated…obviously you live under a rock!! Or do you just automatically eat all the donkey dung being flung??? The whole world knows Trump won it all…and pretty soon you can eat your own ass when truth comes out…and YOU will look like the fool you are…
        …go troll elsewhere!

  2. Pelosi is a disgusting person who took advantage of her position (and the info she gets in advance of others) to enrich herself in the stock market. She should be made to give back all the money she illegally (or unethically) made as Speaker of the House. She is a dishonest scab.

      1. Ahhh yes it’s the HessRoach out into the light! Pelosi made a reported $35M in just the last ten years, documented mostly as Speaker! Scurry on now and back to your dark hole. By the way, her husband is also a major stock holder in a shell corporation that has “Dominion Voting Software” as one of its entities!

        1. Who reported that she made 35 million?
          How did she make it?
          How much money does her husband have in the shell corporation that holds Dominion Voting Software stock?
          The devil is in the details.
          How much money does Trump have in holding companies?
          How many foreign government officials have stayed at Trump properties?

        1. What day did Nancy buy VISA?
          Sell?
          That will tell you exactly how much she made.
          For her to have made $150 million on VISA stock in the last four years she would have had owned $325 million.
          Nancy is not stupid, she would never have more than 10% of her investments in one stock.
          Unlike Trump she is nowhere a billionaire, never mind six times over.
          You are either a God Damn liar, or ignorant.
          In either case a deplorable.

      2. How much did she make from insider training, or all of the criminal pay-offs she has gotten from China? Should we calculate how much she got from the mafia, too? Her father was a mobster.

        1. How much did she make form insider trading?
          How much money has she got from China?
          Was her dad ever arrested?
          Trump’s grand father dad was a whore house owner.
          What does that mean?

      1. Bezos told everyone about Amazon stock.
        At what points in time did Pelosi buy and sell Amazon stock?
        How much money did she make?

    1. she is a dumo and they are too selfish – she would never think of helping any one only lining her pockets – you know what God takes care of all haters they do get their just due

    2. Commie pelosi is far more than just “dishonest” – -she IS a communist, one that has never been held to account for her anti-American actions, or any of the other crimes she has, blatantly, committed. Seriously doubt any bill they pass will prevent Congress members “spouses”, or partners will still not be allowed to continue stock trading.

      1. Trump had four years to hold Pelosi in account for her anti-American actions, or any of the other crimes she has, blatantly, committed.
        Trump is a weak puke.

    3. Put that money (assuming it was ever gotten out of her grimy paws) toward paying down the national debt. Same with any ‘fines’ that are levied against politicians in the House or Senate (like Pelosi’s various rules in the past couple years).

    4. Harris should also have to give back ALL her illgotten gains from insider trading. Plus all in Congress should be prosecuted just like any citizens have been. Prison sentences for them all.

      1. Who was Trump generous to?
        Trump did take a salary, he had no choice.
        What he did with it is his business.
        He could have just torn up the checks.
        But then he would have had to pay taxes on it.
        Trump does not like to pay taxes.
        Trump did not tear the checks up.
        Do you know where they went?

        1. You are WRONG. Every President has a choice whether or not to take a salary. Get Real and start doing Honest Research instead of being an antagonist. Your actions show that you don’t give a d_m about anyone but yourself and your own ideology.

  3. She has made a fortune on stock exchanges for years . She should also state that SPOUSES of Congress should not be allowed to exchange stocks as long as thT spouse is in Congress. She should also have to make her husband give up the stocks he has traded for years .

    “Not for me, but only for thee”!

    1. Millions of Americans have a fortune in the stock market for years.
      Should the siblings of Congressmen be prohibited from trading stocks too?
      Children?
      Grandchildren?
      Ex-wives?
      Next door neighbors…….

      1. It’s Insider Trading we’re talking about Albert which is illegal for the common folks BUT not for Federal Government. They think they’re above the Laws of the constitution regardless of party affiliation. Time they ALL go to prison just as common people have for getting caught. Enough is enough!!!

  4. Yeah she’s made hers already! She is doing this before mid terms only reason thinking
    that’s something that she can use for votes that they are the ones that did it. She is so
    underhanded!! She is so self serving what’s in it for me!!! Let’s hope old prune face is
    on her way OUT…for the GOOD of this country…to never be heard from again!!! Her
    and her ice cream both……oh and by the way….I’m sure she will tear up Biden’s State
    of the Union Address behind his back…….with so many in attendance ( 25 ) right?

    1. Has she violated any House stock trading rules?
      Did she violate them on Trump’s watch?
      Did Trump have her arrested?

    1. It has never been  illegal for Congressmen to trade stocks.
      What percent of Republican Congressmen hold stock?

  5. I smell election year strategy. So phones. Don’t buy into the B.S. they are just trying to get you to vote for them again 😡

  6. She’s not “caving in”. Congress will have time to put plenty of loopholes in place. Let’s let a couple of hundred auditors look at the legislation before it is voted on.

  7. Her decision to “support the ban” is Pelosi’s quid pro quo. She agrees to behave “ethically” (for now) and in exchange will allowed to keep all ill-gotten monies gotten from her insider schemes ( and no investigation) in exchange for the appearance of acting in good faith. You don’t learn anything new from a mule’s second kick. Its time for her to make restitution and move on.

  8. Bet the end result will be that family members aren’t included in this bill. It will be aa whitewash and they ALL will continue doing what they are doing.

  9. The wording in the bill better state NO direct, indirect or other means involved into the stock market since they have the power to manipulate stocks outcome.

  10. So Pelosi is ALREADY GUILTY!!! She already did her inside trading…she was being criticized for even thinking it was ok!!!!

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