Hawley Reintroduces PELOSI Act to Ban Congress from Trading Stocks

For information about Senator Hawley’s new RECA law to compensate Missourians,click here.
Monday, April 28, 2025
Today, U.S. Senator Josh Hawley (R-Mo.)reintroducedthe Preventing Elected Leaders from Owning Securities and Investments (PELOSI) Act, which would ban members of Congress from trading or holding individual stocks. The move comes after President Trumpannouncedhe would sign such a bill into law if it crossed his desk.
“Members of Congress should be fighting for the people they were elected to serve—not day trading at the expense of their constituents,”stated Senator Hawley.“Americans have seen politician after politician turn a profit using information not available to the general public. It’s time we ban all members of Congress from trading and holding stocks and restore Americans’ trust in our nation’s legislative body.”
The PELOSI Act wouldbanlawmakers and their spouses from holding, purchasing or selling individual stocks for the duration of the lawmaker’s time in office. Lawmakers would be allowed to invest in diversified mutual funds, exchange-traded funds, or U.S. Treasury bonds while in office.
If passed, current lawmakers would have 180 days to comply with the legislation. Likewise, newly elected members of Congress would be required to comply within 180 days of taking office.
Members who refuse to comply with the PELOSI Act must forfeit any stock profits to the U.S. Department of the Treasury and face monetary penalties imposed by the House and Senate ethics committees.
Read the full bill languagehere.

"*" indicates required fields
381 Russell Senate Office BuildingWashington, D.C. 20510Office: 202-224-6154Fax: 202-228-0526
1123 Wilkes Blvd, Suite 220Columbia, MO 65201Office: 573-554-1919Fax: 573-256-1805
400 E. 9th Street, Suite 9350Kansas City, MO 64106Office: 816-960-4694Fax:816-472-6812
3236 E. Ridgeview StreetSpringfield, MO 65804Office: 417-869-4433
530 Maryville Centre DriveSuite 460St. Louis, MO 63141Office: 314-354-7060Fax: 1 314-436-8534
555 Independence Street, #1600Cape Girardeau, MO 63703Office: 573-334-5995Fax: 573-334-5947