Pelosi reverses course, signals openness to banning congressional stock trades

House Speaker Nancy Pelosi on Thursday suggested that she will consider proposals banning members of Congress from trading stocks while in elective office, a sharp reversal from just a month ago when she adamantly defended the practice.

"I've said to the House Administration Committee, review all the bills that are coming in and see which ones — where the support is in our caucus," Pelosi said Thursday. "If members want to do that, I'm OK with that."

The about-face comes after weeks of pressure from Democrats and Republicans, with lawmakers on both sides of the political aisle introducing legislation that would prohibit, or limit, members of Congress and their spouses in some cases, from trading stocks while in office. The stock-ban bills have come from a number of lawmakers, including Sens. Jon Ossoff, D-Ga., Mark Kelly, D-Ariz., Josh Hawley, R-Miss., and Reps. Abigail Spanberger, D-Va., and Chip Roy, R-Texas.