Overview

• Treasury Secretary Scott Bessent told Bloomberg he will press the administration to outlaw individual stock trades by members of Congress, citing “eye-popping” returns that private citizens would face SEC scrutiny for
• Sen. Josh Hawley’s PELOSI Act, rebranded in committee as the HONEST/ETHICS measure, cleared the Senate Homeland Security panel but includes a delayed exemption for the sitting president and vice president
• Rep. Anna Paulina Luna plans to file a discharge petition on HR 1908 when the House returns from recess to force a floor vote on a parallel stock-trading ban
• Speaker Nancy Pelosi’s office denied she owns individual stocks or has transactional knowledge after Bessent singled out her portfolio and Sen. Ron Wyden’s 123.8% gain in 2024
• Despite an 86% bipartisan approval rate in a UC San Diego poll, lawmakers still face hurdles in drafting enforceable divestment rules and resolving carve-outs for top officials