• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Trump backs stock trading ban so lawmakers like Pelosi can’t continue ‘ripping off’ constituents, WH claims

by July 31, 2025
written by July 31, 2025

The White House made digs at former House Speaker Nancy Pelosi at a Thursday press briefing, saying she’s the reason Congress is eyeing a measure to ban all lawmakers from trading stocks. 

On Wednesday, President Donald Trump accused Pelosi of accruing her wealth ‘by having inside information’ in stock trading.

‘The reason that this idea to put a ban on stock trading for members of Congress is even a thing is because of Nancy Pelosi,’ White House press secretary Karoline Leavitt told reporters Thursday. ‘I mean, she is rightfully criticized because she makes $174,000 a year. Yet she has a net worth of approximately $413 million. In 2024, Nancy Pelosi’s stock portfolio — this was a fascinating statistic to me — grew 70% in one year in 2024.’ 

‘I think the president stands with the American people on this,’ Leavitt said. ‘He doesn’t want to see people like Nancy Pelosi enriching themselves off of public service and ripping off their constituents in the process.’ 

Pelosi addressed Trump’s comments during an interview Wednesday with CNN’s Jake Tapper, where she herself accused Trump of ‘projecting.’ 

‘That‘s ridiculous,’ Pelosi said Wednesday. ‘In fact, I very much support the stop the trading of members of Congress. Not that I think anybody is doing anything wrong. If they are, they are prosecuted, and they go to jail. But because of the confidence it instills in the American people, don‘t worry about this.’ 

‘But I have no concern about the obvious investments that have been made over time,’ Pelosi said. ‘I‘m not into it. My husband is, but it isn‘t anything to do with anything insider.’ 

Pelosi spokesman Ian Krager said in a statement to Fox News Digital: ‘Speaker Pelosi does not own any stocks and has no knowledge or subsequent involvement in any transactions.’ 

The lawmaker previously has come under scrutiny for insider trading, including in 2022 after Paul Pelosi purchased more than $1 million in shares of semiconductor company Nvidia prior to Congress voting on a subsidy to the industry. The purchase was revealed in a disclosure filing from Nancy Pelosi’s office. 

The issue has received renewed attention after the Senate Homeland Security and Government Affairs Committee Wednesday passed the Honest Act that Sen. Josh Hawley, R-Mo., has championed. 

The measure, which Hawley first introduced as the Preventing Elected Leaders from Owning Securities and Investments Act, or PELOSI Act, would bar all lawmakers and their spouses from trading stocks in office. 

Fox News’ Lindsay Kornick contributed to this report. 

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
US sanctions Palestinian Authority officials after rejecting global push to give it control of Gaza
next post
Homesick GOP senators mull throwing out the rules over stonewalling Dems

related articles

Pentagon unveils new medal for troops deployed in...

August 21, 2025

Federal judge rules Trump appointee Alina Habba is...

August 21, 2025

‘Maine’s Mamdani’: Maine GOP chief issues warning about...

August 21, 2025

‘There are 50 swamps’: State Freedom Caucus Network...

August 21, 2025

Trump-aligned legal group probes Biden-era organ transplant program...

August 21, 2025

NATO defense chiefs stress commitment to Ukraine, discuss...

August 21, 2025

Russian drone crashes in Polish field; Warsaw protests...

August 21, 2025

Gabbard launches ‘ODNI 2.0,’ with plan to cut...

August 20, 2025

Russian drone crashes in Polish field as Warsaw...

August 20, 2025

Duffy’s DOT accuses Biden, Buttigieg of inflating air...

August 20, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Netflix secures U.S. rights to the FIFA Women’s World Cup in 2027, 2031

    December 22, 2024
  • Israel strikes at the heart of Iran’s nuclear ambitions in Isfahan offensive

    June 14, 2025
  • EURGBP and EURCHF: EURGBP fails to gain new support

    August 26, 2024
  • Election 2024: Trump, Harris’ top Hollywood celebrity supporters

    November 2, 2024
  • NVIDIA stock rebounds 2.5% on Friday as analysts remain bullish

    April 11, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 3

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (5,781)
  • Investing (634)
  • Stock (893)

Latest Posts

  • Harris concedes presidential race, campaign manager sends letter to staff: ‘Losing is unfathomably painful’

    November 6, 2024
  • Trump-backed bill to rein in federal judges gets House-wide vote

    April 8, 2025
  • Bernie Sanders, AOC take aim at Trump and Musk, as well as Democrats, at western rallies

    March 21, 2025

Recent Posts

  • MAHA caucus member pledges hearings into ‘corruption’ of a public health sector ‘captured by Big Pharma’

    February 20, 2025
  • Canada Elections: Prime Minister Carney’s Liberal Party to lead fourth consecutive government

    April 29, 2025
  • Trump’s aluminum tariffs may force Coca-Cola to use more plastic bottles

    February 12, 2025

Editor’s Pick

  • Senate marches toward passing Trump’s $9B clawback bill after dramatic late-night votes

    July 16, 2025
  • Biden sinks to all-time low, while Trump’s numbers rise, in new national poll

    December 18, 2024
  • PlayDoge Game – Get The Latest News and much more

    September 17, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock