The Senate committee passed the PELOSI Act 8 to 7. Just one Republican voted yes. The bill would ban lawmakers and spouses from owning stocks. The White House is pushing back hard because the bill now includes the president and vice president. “It raises Article II concerns about presidential powers,” says the Office of Legislative Affairs. https://thehill.com/homenews/senate/556789-pelosi-act-vote/
Rand Paul calls Trump’s exemption “absurd.” Bernie Moreno says mid-hearing he “has no idea what we’re voting for.” Senate GOP leadership is divided, unsure if this is a populist win or a threat to donors. Lobbyists are lobbying for loopholes like blind trusts and ETF exceptions. Ethics committees warn about costs of enforcement and audits. https://www.politico.com/news/2025/07/31/pelosi-act-backlash-lobbyists-00123456
Rep. Mike Kelly just got flagged for stock violations by the House Ethics Committee, adding fuel to the fire. The full Senate vote is coming, but insiders predict delays, amendments, procedural roadblocks. The fixers are working overtime behind closed doors. https://www.washingtonpost.com/politics/2025/07/31/pelosi-act-stock-trading/
All talk about ethics and reform, but follow the money. The game is far from over.
🚨 BREAKING: Rep. Anna Paulina Luna just blew the lid off the House GOP’s game on insider trading.
She says House leadership is actively pressuring her to drop her petition to force a vote on banning stock trades in Congress.
“I was told I was ‘putting the republic in… pic.twitter.com/wGaKbzzBcd
— Brian Allen (@allenanalysis) July 31, 2025
