Senate Judiciary Subcommittee Hearing On Proposed Kroger-Albertsons Merger Sen. Josh Hawley (R-MO) has introduced the “PELOSI Act” which would ban members of Congress, as well as their family members, from holding or trading stocks.
The legislation , known as the Preventing Elected Leaders from Owning Securities and Investments (PELOSI) Act, references former House Speaker Nancy Pelosi (D-CA) who was called out last year after her husband, Paul Pelosi, bought up to $5 million in stock in a semiconductor company right as the Senate was passing legislation to massively subsidize the semiconductor industry.
Pelosi was also among a group of Republicans and […]
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