Sen. Hawley’s Insider Trading Bill Returns To Congress Under New Title ‘PELOSI Act’

U.S. Senator Josh Hawley (R-MO) reintroduced his 2022 insider trading bill Tuesday that would ban lawmakers and their spouses from holding and trading individual stocks and force political figures to return profits to American citizens under a new title dubbed the “PELOSI Act.”

The Preventing Elected Leaders from Owning Securities and Investments (PELOSI) Act comes just over a year after Hawley introduced the original bill, in which he accuses politicians of somehow outperforming the stock market every year they hold office.

This time around, the senator’s updated version takes a...