Feb 25 • 04:20 UTC 🇺🇸 USA Fox News

Trump takes jab at Pelosi by name over history of controversial stock trading

President Trump criticized insider trading in Congress during his address, singling out Nancy Pelosi regarding her family's stock trading history.

In a recent address, President Donald Trump called attention to insider trading among members of Congress, advocating for the urgent passage of the Stop Insider Trading Act. This proposal, backed by Rep. Bryan Steil, aims to ban members of Congress, along with their families, from buying publicly traded stocks and demands advance notice for any stock sales. Trump's comments drew bipartisan applause as he emphasized the need for integrity in political financial dealings.

During his speech, Trump specifically mentioned Speaker Emerita Nancy Pelosi, questioning her presence and suggesting her family's financial disclosures have raised concerns about ethics in stock trading. This call-out marked a notable moment in his address, highlighting the controversial nature of congressional stock trading practices that have been criticized for blurring lines between private investment and public service. Critics of Pelosi have frequently pointed to her financial activities as examples of why Congress should impose stricter regulations.

The introduction of the Stop Insider Trading Act seeks to address these ethical concerns by enhancing transparency and accountability among lawmakers. If enacted, this legislation would represent a significant shift in how financial transactions are handled by members of Congress, aiming to protect the public’s trust and eliminate potential conflicts of interest. The discussions around this act and the spotlight on Pelosi reflect broader concerns about integrity and the ethical standards expected from elected officials.

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