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Pelosi reverses course, signals openness to banning congressional stock trades

Posted on AllSides January 20th, 2022
From The Right
(AP Photo/J. Scott Applewhite / AP Newsroom)

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...

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