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Thursday, June 19, 2025

Republican Unveils Stock Trading Ban Mirroring Senate’s ‘PELOSI Act’

Former Speaker of the House Nancy Pelosi boasts an extensive list of achievements she hopes will define her legacy; however, it is possible that her enduring reputation may be marred by certain controversies.

Pelosi holds the distinction of being the first female Speaker in the history of the United States, successfully uniting her narrow majorities for significant legislative votes. She is likely to be considered one of the most impactful Speakers in history.

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Nonetheless, her enduring legacy could be the creation of a law bearing her name that forbids members of Congress and their spouses from engaging in stock trading, in light of the wealth she and her husband amassed over the years, as reported by Fox News.

What exacerbates the situation for the former Speaker is that the initiative has garnered bipartisan support, with some members of her own party endorsing the legislation known in the Senate as the Preventing Elected Leaders from Owning Securities and Investments (PELOSI) Act.