The Pelosi Act

[Copper]

What a great name

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.

https://www.foxnews.com/politics/josh-hawley-introduces-pelosi-act-bar-lawmakers-trading-stocks-profiting-office

[jon-nyc]

I suppose it depends on whether your goal is getting legislation passed or preening in front of your base.

[Jolly]

Good legislation, at least in intent. I'm sure it will need a little tweaking, but something must be done.

And I'd love to see the Demonrats come out against it.

[Mik]

They won’t have to. It essentially amounts to a pay cut for Congresscritters. Good luck with that.

Not that I oppose the underlying idea. But it is up against the same reason term limits never materialized after the 11994 election.

[George K]

[Jolly]

You know...Maybe in 25 years, we'll find out why San Fran Nan didn't want additional security at the Capitol on 1/6. Or how she managed to keep such a tight hold on her caucus.

I think Pelosi has always been very good at working in the shadows