Hawley Revives PELOSI Act to Combat Congressional Corruption
Submitted by MAGA
Posted 3 hours ago
Insider Trading: Congress's Deepening Ethics Crisis
In a bold move, Senator Josh Hawley (R-Mo.) has refreshed efforts to combat insider trading among lawmakers with the reintroduction of the "PELOSI Act."
This crucial legislation aims to prohibit members of Congress and their spouses from engaging in stock trading, especially of individual stocks and related financial instruments.
Instead, they would be limited to diversified investment funds and U.S. Treasury securities.
Senator Hawley pointed out a critical problem plaguing American trust in their legislative bodies.
He stated, “Members of Congress should be fighting for the people they were elected to serve—not day trading at the expense of their constituents.”
The need for such legislation has become increasingly urgent.
Reports suggest that some members of Congress have garnered significant wealth while in office, raising suspicions about the ethical implications of their financial dealings.
The spotlight shines especially bright on former Speaker Nancy Pelosi (D-Calif.), who boasts a net worth exceeding $267 million, despite a Congressional salary of only $174,000 per year.
Critics argue that the potential for insider trading has become a pervasive issue, with many politicians unfairly benefiting from exclusive information unavailable to average Americans.
Hawley reiterated that this practice undermines the integrity of Congress and erodes public trust.
He believes that preventing Congress members from trading stocks will level the playing field and end the perception that lawmakers profit at the expense of their constituents.
The reintroduction of the PELOSI Act aligns with a growing desire among the American public for greater transparency and accountability in government.
With bipartisan support for curbing the unethical behavior of elected officials, this legislation could signal a serious commitment to restoring faith in the political process.
As the debate continues over financial ethics in Washington, the question remains: Will Congress finally prioritize the interests of the American people over their financial gain?
Sources:
infowars.com
dailymail.co.uk
revolver.news
In a bold move, Senator Josh Hawley (R-Mo.) has refreshed efforts to combat insider trading among lawmakers with the reintroduction of the "PELOSI Act."
This crucial legislation aims to prohibit members of Congress and their spouses from engaging in stock trading, especially of individual stocks and related financial instruments.
Instead, they would be limited to diversified investment funds and U.S. Treasury securities.
Senator Hawley pointed out a critical problem plaguing American trust in their legislative bodies.
He stated, “Members of Congress should be fighting for the people they were elected to serve—not day trading at the expense of their constituents.”
The need for such legislation has become increasingly urgent.
Reports suggest that some members of Congress have garnered significant wealth while in office, raising suspicions about the ethical implications of their financial dealings.
The spotlight shines especially bright on former Speaker Nancy Pelosi (D-Calif.), who boasts a net worth exceeding $267 million, despite a Congressional salary of only $174,000 per year.
Critics argue that the potential for insider trading has become a pervasive issue, with many politicians unfairly benefiting from exclusive information unavailable to average Americans.
Hawley reiterated that this practice undermines the integrity of Congress and erodes public trust.
He believes that preventing Congress members from trading stocks will level the playing field and end the perception that lawmakers profit at the expense of their constituents.
The reintroduction of the PELOSI Act aligns with a growing desire among the American public for greater transparency and accountability in government.
With bipartisan support for curbing the unethical behavior of elected officials, this legislation could signal a serious commitment to restoring faith in the political process.
As the debate continues over financial ethics in Washington, the question remains: Will Congress finally prioritize the interests of the American people over their financial gain?
Sources:
infowars.com
dailymail.co.uk
revolver.news
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