The PELOSI Act (Preventing Elected Leaders from Owning Securities and Investments) is a proposed U.S. Senate bill aiming to ban members of Congress and their spouses from trading individual stocks. Named after former Speaker Nancy Pelosi, who faced scrutiny over her husband’s stock trades during her tenure, the bill targets potential conflicts of interest and promotes transparency and accountability in government financial dealings.
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What is the PELOSI Act? Why is it named after former Speaker Nancy Pelosi?
