Coin Edition
2025-08-01 08:25:00

’Honest Act’ Advances; White House Singles Out Pelosi in Push to Bar Lawmaker Stock Trades

Trump backs banning congressional stock trades to curb unethical financial gains. Pelosi’s wealth surge fuels scrutiny amid calls for tighter legislative ethics rules. Honest Act advances in Senate, aiming to halt stock trading by lawmakers and spouses. President Donald Trump has voiced strong support for banning members of Congress and their spouses from trading stocks. The White House emphasized this during a Thursday briefing, framing the initiative as a critical move to curb unethical financial gains by lawmakers. Trump Administration Targets Pelosi’s Record In its push for reform, the Trump administration has singled out former House Speaker Nancy Pelosi as a central figure in the debate. Officials highlighted the significant growth of her personal wealth during her time in office as a key example of conflicts of interest that have eroded public trust. The White House noted that despite a congressional salary of $174,000, Pelosi’s net worth has reportedly grown to approximately $413 million. Furthermore, it cited a reported 70% increase in her investment portfolio in 2024 alone, a statistic that has fueled renewed calls for stricter ethi… The post ’Honest Act’ Advances; White House Singles Out Pelosi in Push to Bar Lawmaker Stock Trades appeared first on Coin Edition .

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