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Government Corruption
Hawley introduces PELOSI Act - bill to ban stock trades by lawmakers and spouses named after Congress's most prolific trader and former Speaker
2023-01-25
[Daily Mail, where America gets its news] *snicker* Troll level 10.
  • The PELOSI Act would give members and their spouses six months after first assuming office to divest any holdings or put them in a blind trust

  • Any members found in violation of the bill would have to 'return their profits to American taxpayers'

  • Also on Tuesday Hawley announced he would introduce legislation likely to be less popular with the American public - a bill that would ban TikTok nationwide
Posted by:Skidmark

#12  @#3 - Hmmm, and funny how the Dems had control of Congress sometime over 49 years and never seemed to legislate any kind of abortion rights. A political football used buy both wings of that rapacious bird.
Posted by: DooDahMan   2023-01-25 23:07  

#11  Make the Democrats vote on it and then use their "no" votes against them in the next election.
Posted by: Abu Uluque   2023-01-25 12:54  

#10  Make them invest in something that mirrors the S&P so they can feel our pain in a painful manner that feels like real pain before we de-elect them.
Posted by: Super Hose   2023-01-25 12:18  

#9  What #s 1 and 3 said. This is political theater that will likely go nowhere. Perhaps it will wake up more to the corruption that goes on with their duly-elected [I use the term elected very loosely]. The name of the bill, The Pelosi Act is a slap in her face. Might as well add on to the bill a provision for term limits.
Posted by: JohnQC   2023-01-25 12:06  

#8  All politicians and family must devest themselves of all stocks during their term in office plus one decade and make it illegal for them to work as lobbyists for the same duration.

Pass that and watch the number of folks fighting for their seat at the Washington feeding trough dry up.
Posted by: ruprecht   2023-01-25 11:36  

#7  ^ Prolly liquidating to have Paul's lover assailant plead guilty for $
Posted by: Frank G   2023-01-25 11:27  

#6  I don't know what she is doing or if she knows something we don't but San Fran Nan has been selling stocks at a loss. Several millions of dollars. he former Speaker sold a total of 2,000 shares of Netflix (NASDAQ:NFLX) from two separate transactions, one dated Dec. 29 and the other Dec. 30. In the first transaction, Pelosi sold at a loss of $66,385 while losing $63,535 in the second. Pelosi dumped 5,000 shares of Tesla (NASDAQ:TSLA) at an average share price of $140.38. The total loss came out to $511,197. As well, she targeted fellow blue-chip giant Disney (NYSE:DIS), exiting 10,000 shares at an average price of $87.58. This transaction resulted in a loss of $114,138. the former Speaker sold a total of 10,000 shares of PayPal (NASDAQ:PYPL) on two transactions: one dated Dec. 21 and the other dated Dec. 28. In total, the transactions featured a value range between $500,002 and $1 million. Pelosi lost $424,313 in the first transaction and $429,938 in the second.
Posted by: Deacon Blues   2023-01-25 11:16  

#5  Small steps.
The vote record will expose some players.
Posted by: Skidmark   2023-01-25 10:32  

#4  
So, the ones with their hands in the $ till $ are to vote on keeping their hands out of the til.

I agree *snicker* Troll level 10+.
Posted by: NN2N1   2023-01-25 08:58  

#3  Don't ya love how the Republicans push forward legislation like this when it won't pass in the Senate or get signed into law? Makes ya wonder why they don't when they do have the power to pass them...
Posted by: DarthVader   2023-01-25 08:42  

#2  Yeah but the laws also need to ban influence pedalling lobbying by legislators and bureaucrats from lobbying/revolving door forever
Posted by: Percy Flotle3938   2023-01-25 08:13  

#1  Banning TikTok is dumb. I don't use it and never will, but that's beside the point.

PELOSI Act - Yawn. They'll get around that somehow.
Posted by: DooDahMan   2023-01-25 08:08  

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