Rep. James Comer, R-Ky., rips Paul Pelosi after his multi-million dollar stock purchase sparked controversy.is looking to prevent lawmakers and their spouses from trading stocks on which the officials would have privileged information and used the bill's title to make a not-so-subtle dig at former House Speaker Nancy Pelosi.
US House Speaker Nancy Pelosi, a Democrat from California, speaks during a news conference at the US Capitol in Washington, DC, US, on Thursday, Dec. 22, 2022. CNN, MSNBC, ABC, CBS, NBC IGNORE PELOSI'S HUSBAND BUYING OVER $1 MILLION OF COMPUTER CHIP STOCK AHEAD OF VOTE The push to prevent lawmakers from privately profiting through their public office has bipartisan support, and Hawley, and others on both sides of the proverbial aisle have initiated legislative action to outlaw such action.
The TRUST Act, formally the Transparent Representation Upholding Service and Trust in Congress Act, would require lawmakers and family members to transfer specific investments into a qualified blind trust while serving in Washington.
HawleyMO And their Trusts…I’m sure Congress will keep a loophole open..
HawleyMO I always thought insider trading was already a criminal act? Or do we owe Martha Stewart an apology?
HawleyMO Hawley is a coward
HawleyMO Good you are doing the job you were elected for ..serving the people
HawleyMO Red herring. Stick to the enumerated powers of the US Constitution and all that legislation which causes free market perversion and the VERY incentives that legislator's profit from.
This the first time I've ever agreed with Hawley on anything. Now revisit Citizens United while you're at it.
They have been trying pretending to do this for years. It goes nowhere. It legalized insider trading
When is SpeakerPelosi getting charged for insider trading?
Great name for a bill although the Hammer Act also would also would work although controversial. Word has it Nancy dumped lots of stock, maybe in anticipation of this. Could it be another bill is needed, The insider cover my tracks bill.
The only way this would stand a chance is with a ballot initiative.
A Norwegian after studies in US worked for a Republican Congressman, wrote in his book he was shocked to see how the elected moved away from voters into the hands of lobbyists soon after the election and received huge ‘donations’. In Norway straight forward corruption. Thx Oslo🇳🇴
Are you crasy? If there were no hidden profits and low cost confiscated IRS real estate to be picked up for nothing, these clowns would never run for office! Then we would be forced to elect real leaders who would not tolerate all this bull shit !!!
You mean inside information on stocks?
Aptly named.
Good, it will affect Republicans more than Democrats
do you think he named it that so it would be rejected so he can point score, it actually doesn't matter if they had to just release their finances as a matter of course as all in public life should