Crime

Senator Hawley Sets Trap For Pelosi & Her Dems, Leaves Them In PANIC MODE

Nancy Pelosi is getting richer and richer while the rest of America suffers. She’s profiting from insider trading while the rest of us are losing our jobs and homes.

How is Nancy Pelosi getting away with this? She’s a powerful politician with lots of friends in high places. And she’s using her position to line her pockets with money.

Pelosi is one of the richest members of Congress, and she’s getting richer every day. Her net worth has increased by $29 million since she became Speaker of the House. And she’s not even doing anything to help the American people!

All Nancy Pelosi cares about is herself. She’s a greedy, selfish person who only cares about making money. And she needs to be stopped and that’s exactly what Josh Hawley has set out to do …

Fox News reported:

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 Tuesday on Twitter.

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.

Other lawmakers and their spouses have made similarly advantageous trades, including Sen. Richard Burr, R-N.C., who sold investments after receiving classified briefings on the coronavirus pandemic.

Hawley’s bill excludes mutual funds, exchange-traded funds and Treasury bonds purchases.

Hawley’s bill would require any profits made by a lawmaker to be returned to American taxpayers.

It also specifically amends the Ethics in Government Act of 1978, which prohibits using nonpublic information for private profit, commonly known as insider trading — which is already illegal for business leaders and everyday Americans. READ THE REST AT Fox News HERE

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