Nancy Pelosi’s Congressional Stock Ban Isn’t Quite as Strict as It Sounds

Nearly 10 months after Nancy Pelosi scoffed at the idea of barring lawmakers from participating in the stock market, the Democratic speaker has unveiled a bill that attempts to address insider trading concerns in Washington. Introduced Tuesday night, the Combatting Financial Conflicts of Interest in Government Act, parts of which have been met with heavy scrutiny, would prohibit certain federal officials and their immediate families from owning or trading stocks in individual companies, and investments in securities, commodities, futures, and cryptocurrencies. Apart from members of Congress, the 26-page bill would require federal judges, Supreme Court justices, the president, vice president,… Read Full Article