🚨FINALLY -The Pelosi Act!
The Preventing Elected Leaders from Owning Securities and Investments (PELOSI) Act just hit the Senate floor.
It bans Members of Congress (and their spouses) from trading individual stocks — unless they use a qualified blind trust.
Any profits made by ignoring it?
Straight to the Treasury. Losses?
No tax write-offs. Members get 180 days to clean house once it passes.
Annual compliance reports and GAO audits included.
Turns out even Congress finally noticed the optics were… not great.
- Source: CongressGov
