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Josh Hawley introduces the PELOSI ACT. Preventing Elected Leaders from Owning Securities and Investments Act.


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https://www.foxnews.com/politics/josh-hawley-introduces-pelosi-act-bar-lawmakers-trading-stocks-profiting-office

Josh Hawley introduces PELOSI Act to bar lawmakers from trading stocks and profiting while in office

A Republican in the U.S. Senate is looking to prevent lawmakers and their spouses from trading stocks on which the officials would have privileged information and used the bill's title to make a not-so-subtle dig at former House Speaker Nancy Pelosi.

On Tuesday, Sen. Josh Hawley, R-Mo., introduced the PELOSI Act, officially the Preventing Elected Leaders from Owning Securities and Investments Act, requiring members and their spouses to divest any holdings or put them in a blind trust within six months of entering office.

"Members of Congress and their spouses shouldn’t be using their position to get rich on the stock market - today l’m introducing legislation to BAN stock trading & ownership by members of Congress. I call it the PELOSI Act," he wrote on Twitter Tuesday.

The bill comes after revelations last year that Nancy’s husband, Paul Pelosi, traded between $1 million and $5 million of stocks for semiconductors just days before Congress allocated $52 million to the industry. The stocks were later sold at a loss to remove the appearance of impropriety.

Only a couple of talking points. (Liberals here will stupidly try to change the subject and make this about climate change. You watch.)

1.  ANYONE ELSE trying this kind of insider trading would have been arrested. Insider trading is a FELONY.

https://kretzerfirm.com/insider-trading-penalties-punishment-jail-time-for-illegal-insider-trading/

2. If LEGALLY ELECTED PRESIDENT TRUMP were still in office and a Democrat had proposed a law against such Congressional insider trading, EVERY LIBERAL HERE would be celebrating and even beating off.

3. The country needs MORE bills like this, where Congress is held to the same standards as the taxpayers who pay their salaries.

 

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Hawley is such a sniveling worm. This is pure partisan hackery and a gross publicity stunt. 

Such legislation is long overdue. It's been proposed over and over again in both the house and the senate without success. Someday it will happen. The concept is great, but if Hawley actually cared about doing good instead of getting his name in the papers he wouldn't have given his version this silly name, which is a poison pill. You can't build bipartisan consensus (as others have genuinely tried to do) while being a partisan a-hole.

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22 minutes ago, Hodad said:

Hawley is such a sniveling worm. This is pure partisan hackery and a gross publicity stunt. 

Such legislation is long overdue. It's been proposed over and over again in both the house and the senate without success. Someday it will happen. The concept is great, but if Hawley actually cared about doing good instead of getting his name in the papers he wouldn't have given his version this silly name, which is a poison pill. You can't build bipartisan consensus (as others have genuinely tried to do) while being a partisan a-hole.

Why? 

Pelosi has left her position several million dollars richer. On basically an upper middle class salary.. doesn't compute

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10 minutes ago, West said:

Why? 

Pelosi has left her position several million dollars richer. On basically an upper middle class salary.. doesn't compute

Hodad explained why. 
This is specifically the problem in Washington: You don’t solve problems by throwing gasoline on a fire. Politicians in both parties have enriched themselves while serving in Congress, and it is unethical. It’s not about Nancy Pelosi. Many many Republicans have done the same thing. 

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5 minutes ago, Rebound said:

Hodad explained why. 
This is specifically the problem in Washington: You don’t solve problems by throwing gasoline on a fire. Politicians in both parties have enriched themselves while serving in Congress, and it is unethical. It’s not about Nancy Pelosi. Many many Republicans have done the same thing. 

Coming from a guy who supported the harassment of President Trump and everyone who ever shared an elevator with the guy

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19 minutes ago, West said:

Why? 

Pelosi has left her position several million dollars richer. On basically an upper middle class salary.. doesn't compute

What doesn't compute? What do you not understand about the concept of two incomes? Paul Pelosi was a successful businessman and investor long before Nancy Pelosi ever ran for office. He made lots of money before she was elected, and continued to do so after. Her modest salary doesn't really figure into it. 

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7 minutes ago, Hodad said:

What doesn't compute? What do you not understand about the concept of two incomes? Paul Pelosi was a successful businessman and investor long before Nancy Pelosi ever ran for office. He made lots of money before she was elected, and continued to do so after. Her modest salary doesn't really figure into it. 

Hmmm.. but yet you fail to acknowledge Paul leveraging Nancy's position and even information for said investments. 

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11 minutes ago, West said:

Hmmm.. but yet you fail to acknowledge Paul leveraging Nancy's position and even information for said investments. 

1. That is completely unrelated to your confusion over the fact that Paul Pelosi continued to make money while his wife was in office. Which shouldn't be confusing to anyone.

2. There is no evidence that Paul leveraged anything from Nancy or vice-versa. If there were,  Pelosi would have already been prosecuted, as some of her colleagues have been.

If Paul Pelosi had been a shitty businessman and failed investor before Nancy took office and suddenly turned around his fortunes, you'd be right to be suspicious. But he was successful before and continued to be successful after. His trajectory was unchanged, so suspicion should give way to vigilance. It's fine to keep an eye on these things, as we should be doing, but one shouldn't assume that success is evidence of wrongdoing.

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7 minutes ago, Hodad said:

1. That is completely unrelated to your confusion over the fact that Paul Pelosi continued to make money while his wife was in office. Which shouldn't be confusing to anyone.

2. There is no evidence that Paul leveraged anything from Nancy or vice-versa. If there were,  Pelosi would have already been prosecuted, as some of her colleagues have been.

If Paul Pelosi had been a shitty businessman and failed investor before Nancy took office and suddenly turned around his fortunes, you'd be right to be suspicious. But he was successful before and continued to be successful after. His trajectory was unchanged, so suspicion should give way to vigilance. It's fine to keep an eye on these things, as we should be doing, but one shouldn't assume that success is evidence of wrongdoing.

The only evidence against Pelosi is circumstantial at best, and we know that no laws were broken. 
 

However, personally, I don’t think that Congressmen, Judges or Administration officials should have stock holdings, except in 401K’s or blind trusts while in office.  

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2 minutes ago, West said:

?.. 

TDS is strong in this one ^^^

All I have are facts. 
Fact: Trump lost the election. 
Fact: Trump knew he lost

Fact: Trump lied and said the election was stolen

Fact: Trump hosted a “stop the steal” rally which resulted in the storming of the US Congress and six deaths.  
 

Donald Trump belongs in a prison cell for that.

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4 minutes ago, Rebound said:

All I have are facts. 
Fact: Trump lost the election. 
Fact: Trump knew he lost

Fact: Trump lied and said the election was stolen

Fact: Trump hosted a “stop the steal” rally which resulted in the storming of the US Congress and six deaths.  
 

Donald Trump belongs in a prison cell for that.

He also belongs in a prison cell for the mishandling of secret documents and for trying to get Georgia to cheat on an election for him.

We'll see whether the justice system in the US has the balls.

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19 minutes ago, Rebound said:

All I have are facts. 
Fact: Trump lost the election. 
Fact: Trump knew he lost

Fact: Trump lied and said the election was stolen

Fact: Trump hosted a “stop the steal” rally which resulted in the storming of the US Congress and six deaths.  
 

Donald Trump belongs in a prison cell for that.

Lol.. coming from a guy who supported the Big Conspiracy Theory Russian collusion hoax. All because Hillary couldn't accept an election defeat. 

Its illegal to make a false police report... where was the accountability 

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1 hour ago, West said:

Lol.. coming from a guy who supported the Big Conspiracy Theory Russian collusion hoax. All because Hillary couldn't accept an election defeat. 

Its illegal to make a false police report... where was the accountability 

That wasn’t Hilary’s investigation. Trump appointed an attorney general who launched that investigation… which landed a bunch of people in jail

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18 minutes ago, Rebound said:

That wasn’t Hilary’s investigation. Trump appointed an attorney general who launched that investigation… which landed a bunch of people in jail

The collusion nonsense started during the campaign little one. Hillary went around with her drunk rants about the Russians and how she lost because of the Russians. 

Should be locked in a psych ward

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3 hours ago, WestCanMan said:

The Pelosi Act lol. Too perfect. 

Next one will be the Schiff Act. "You can't be a congenital liar and use the FBI as a political weapon if you're the head of a committee."

Too bad you FORGOT to post ANY  evidence for your ALLEGATIONS against Schiff. But you should add "if you're POTUS." LMAO.

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5 minutes ago, robosmith said:

YOU FAIL to provide ANY evidence for your ALLEGATIONS. As USUAL.

In any case, FAILURE to PASS "The Stock Act" (for one) means it was NOT illegal.

Right and heavily OPPOSED by the people who are abusing their power to make themselves richer. 

Of course you don't care because you are morally bankrupt

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2 hours ago, West said:

Lol.. coming from a guy who supported the Big Conspiracy Theory Russian collusion hoax. All because Hillary couldn't accept an election defeat. 

Its illegal to make a false police report... where was the accountability 

^Still doesn't understand that Trump's Campaign Manager Manafort was working for Russian oligarch Oleg Derapaska while working for the Trump campaign, purportedly for free.

And while doing so, shared PRIVATE polling data with Russian agent Kilimnick. That is COLLUSION as detailed in the Senate Intel Committee report on Russian collusion.

YOU must not have even read it yet, cause you KEEP LYING about what's IN IT. 

We know YOU DON'T WANT to know the TRUTH.

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