Senator Josh Hawley (R-MO) has reintroduced the Preventing Elected Leaders from Owning Securities and Investments (PELOSI) Act. The bill would ban all members of Congress and their spouses from buying, selling, or holding individual stocks while in office
- Lawmakers would still be allowed to invest in mutual funds, ETFs, and U.S. Treasury bonds
- President Donald Trump announced he would sign the legislation into law if it reaches his desk
- Hawley: “Americans have seen politician after politician turn a profit using information not available to the general public”
- If passed, current lawmakers would have 180 days to comply; the same applies to incoming members after election
- Bill aims to restore public trust and prevent insider-like trading from elected officials
The PELOSI Act — a pointed jab at former House Speaker Nancy Pelosi — reflects growing bipartisan frustration with members of Congress trading stocks while overseeing legislation that can move markets. Trump’s backing gives the bill new momentum, especially among populist and anti-establishment voters.
If passed, this could affect transparency and influence around companies closely tied to government decisions, such as defense ($LMT, $RTX), pharma ($PFE, $LLY), and tech ($NVDA, $MSFT). Political risk trading strategies may need to adjust.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
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