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Trump Says He Would Sign Bill Banning Congressional Stock Trading - News Facts Network
Senator Josh Hawley reintroduced legislation on May 2025 to ban members of Congress from trading individual stocks while in office.
This new bill revives the 2023 PELOSI Act amid escalating debate and bipartisan calls for reform following scrutiny of stock trades by Pelosi and Greene.
The proposal restricts lawmakers to investing only in diversified mutual funds and U.S. Treasury bonds and penalizes violations with fines and profit forfeiture.
President Trump told Time magazine he would sign such a bill, saying "If they send that to me, I would do it," signaling a major shift in political momentum.
The growing bipartisan support and Trump's endorsement could increase political pressure for swift congressional action, though no timeline for advancement exists yet.