Bill Named After Nancy Pelosi Could Ban Congress Members From Trading Stocks: What You Need To Know About The 'PELOSI' Act
PELOSI Act Reintroduction: Senator Josh Hawley has reintroduced the PELOSI Act, which aims to ban members of Congress from trading individual stocks and options, citing concerns over conflicts of interest and the need to restore public trust in lawmakers.
Legislative Support and Challenges: The bill has garnered support from figures like President Trump and outgoing President Biden, but faces low odds of passing in Congress, with only a 17% chance predicted for a stock trading ban by 2025.
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Trump's Truth Social Brand Secures Another ETF with a Strong Track Record.
Investment Firm's Approach: Yorkville America Equities, the investment advisor for Trump Media & Technology's Truth Social funds, is adopting a more casual approach in its communications with investors.
Engagement Strategy: The firm may soon engage with investors by asking informal questions like "How y’all doing?" to foster a more approachable atmosphere.
Farewell to Nancy Pelosi's Investment Choices—Discover the Timing and Reasons Behind It
Pelosi's Announcement: Nancy Pelosi has declared she will not seek re-election in 2026, concluding her long tenure in Congress, which began in 1987. She expressed gratitude for her service and confidence in her ability to win another term if she chose to run again.
Impact on Stock Disclosures: With Pelosi's departure, investors will have limited access to her trade disclosures, which have been closely monitored by retail traders. Her trading activities have raised concerns about potential conflicts of interest, particularly regarding stocks related to legislation she has influenced.
Trading Performance: In 2024, Pelosi achieved a 74.9% gain in her stock positions, outperforming the S&P 500, while other members of Congress also reported significant trading gains. This highlights the growing interest in congressional trading activities among investors.
Future of Congressional Trading: Pelosi's exit may shift investor focus to other congressional figures, such as Marjorie Taylor Greene, who has also been active in trading. The landscape of congressional trading, including cryptocurrency investments, may evolve as new candidates emerge.
