Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Politics

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

by July 31, 2025
July 31, 2025
Trump backs stock trading ban so lawmakers like Pelosi can’t continue ‘ripping off’ constituents, WH claims

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
FacebookTwitterGoogle +Pinterest
previous post
Huckabee, Witkoff slated for high-stakes Gaza visit to address ‘dire’ starvation crisis
next post
Homesick GOP senators mull throwing out the rules over stonewalling Dems

You may also like

On Election Eve, Multiple Election Integrity Issues Reported...

November 8, 2022

‘Funding terrorism’: GOP lawmakers demand Blinken’s plan for...

June 18, 2024

Jeffries shuts down McCarthy claim that Dems are...

May 29, 2023

GOP senators ramp up push to refreeze $6B...

October 18, 2023

Trump orders US withdrawal from World Health Organization

January 21, 2025

Vulnerable Dem governor skewered by challengers for rejecting...

January 18, 2023

Pro-Trump conservatives rail against Matt Gaetz over push...

October 4, 2023

I’m chronically ill. RFK Jr. could find solutions to actually make us better

February 3, 2025

Congressman urges DOJ to probe suspected Iran ‘kill...

June 12, 2023

Indiana Republicans propose partisan school board races

February 9, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Zelenskyy seeks ‘strong reaction’ from US if Putin is not ready for bilateral meeting

      August 22, 2025
    • Trump administration wins Supreme Court fight to slash NIH medical research grants tied to DEI, LGBTQ studies

      August 22, 2025
    • Pentagon unveils new medal for troops deployed in Trump’s southern border crackdown

      August 21, 2025
    • Mastering Gold Futures: Key Strategies, Risks, and Opportunities

      August 21, 2025
    • Federal judge rules Trump appointee Alina Habba is unlawfully serving as US attorney

      August 21, 2025
    • London Tube faces week-long strike as RMT rejects pay offer

      August 21, 2025

    Categories

    • Business (8,851)
    • Investing (2,231)
    • Politics (16,457)
    • Stocks (3,228)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.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 futureretirementsuccess.com | All Rights Reserved