Politics

THE END OF WALL STREET NANCY? New Bill Would Stop Congress from Trading, Hit Pelosi in the Pocketbook

posted by Hannity Staff - 2.09.22

Finally, something both sides can agree on.

Sens. Elizabeth Warren (D-MA) and Steve Daines (R-MT) are trying to put a stop to “Pelosi-Style” stock trading on Capitol Hill; Fancy Nancy’s Wall Street millions is Washington’s worst kept secret.

“Sen. Daines is working to introduce the first bipartisan bill in the Senate to ban Members of Congress and their spouses from owning and trading individual stocks and commodities,” Daines’ press secretary Rachel Dumke told The New York Post.

“The bill…would ban lawmakers and their spouses from owning or trading individual stocks, Senate sources told The Post. They would only be allowed to own stocks through broad exchange-traded funds and mutual funds under the bill, which has not yet been introduced.”

Some view the bill as too extreme, due to the provision that would make members of Congress sell off their stocks.

“I would say there’s no way that this happens and it’s a messaging bill,” a Washington D.C. source said. “Asking members to completely sell off all their individual stock is never going to happen.” 

The Warren-Daines bill is just the latest to make headlines —several others are making their way through the halls of Congress. Wall Street Nancy’s days are numbered.

 

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