Tag: insider trading

Hawley’s ‘PELOSI Act’ Would Outlaw Insider Trading for Congress

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Lawmakers and their spouses would be prohibited from using privileged information to trade stocks, under legislation introduced Tuesday by Sen. Josh Hawley, R-Mo. Hawley’s bill follows news last year that then-House Speaker Nancy Pelosi’s husband, Paul Pelosi, traded between $1 million and $5 million worth of semiconductor stocks shortly before Congress allocated $52 million to the industry.

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NJ-7 Democrat Malinowski Under Investigation for Murky Financial Dealings, Also Benefited from Well-Timed Stock Trades

Aaron Gulbransen

Incumbent U.S. Representative Tom Malinowski (D-NJ-07) appears to have financially benefited from exceptional timing during the COVID-19 pandemic.

The Hill reported in 2021 that Malinowski previously faced two ethics complaints about his failure to report “trading roughly $1 million in stock in medical companies that were involved in responses to the COVID-19 pandemic.”

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