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The PELOSI Act: Hilariously Named Bill Proposed to Stop Congress from Insider Trading

travis
 travis

Like it or not, Nancy Pelosi has really left an impact on many people, for better or worse…

Missouri senator Josh Hawley is someone who has been ‘moved’ by Pelosi’s actions as House Speaker.

In honor of those actions, Hawley just named a proposed bill after her.

The aptly named ‘PELOSI Act’ (The Preventing Elected Leaders from Owning Securities and Investments) would seek to ban lawmakers, as well as their spouses, from holding and trading individual stocks.

It would also force those in violation to return their profits back to the American people.

Hawley actually first introduced a version of this bill a year ago, but the updated name has a nice ring to it.

Daily Wire has more on Hawley’s proposed bill:

U.S. Senator Josh Hawley (R-MO) reintroduced his 2022 insider trading bill Tuesday that would ban lawmakers and their spouses from holding and trading individual stocks and force political figures to return profits to American citizens under a new title dubbed the “PELOSI Act.”

The Preventing Elected Leaders from Owning Securities and Investments (PELOSI) Act comes just over a year after Hawley introduced the original bill, in which he accuses politicians of somehow outperforming the stock market every year they hold office.

This time around, the senator’s updated version takes a jab at California Rep. Nancy Pelosi, who many Republican lawmakers had slammed after her husband, Paul Pelosi, sold up to $5 million worth of shares in Nvidia, a California company that produces semiconductors, just before the House voted on a bill surrounding the domestic chip manufacturing industry.

Hawley touted his proposed bill on Twitter:…

READ FULL ARTICLE HERE… (welovetrump.com)

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