CONFLICTS OF INTEREST

Nancy Pelosi Supports Panel Looking Into Stock-Trading Ban

Pelosi added that she assumed the panel would have a bill ready “pretty soon.”

House Speaker Nancy Pelosi indicated on Wednesday that she supports a panel looking into legislation that would ban stock trading for members of Congress. But she wants the ban to apply to members of the judiciary as well. “It has to be government-wide,” she said. “The judiciary has no reporting. The Supreme Court has no disclosure. It has no reporting of stock transactions, and it makes important decisions every day.” Pelosi added that she assumed the panel would have a bill ready “pretty soon.” A Business Insider investigation—“Conflicted Congress”—previously found that 55 members of Congress and nearly 200 senior staffers had violated laws meant to curb insider trading and conflicts of interest. Until a month ago, Pelosi had resisted supporting the stock ban, despite pressure from both sides of the aisle, and even former President Donald Trump.