Exclusive—Sen. Josh Hawley: The Pelosis Beat Every Hedge Fund with Their Stock Trading
Share this @internewscast.com

Former House Speaker Nancy Pelosi (D-CA) and her husband, Paul, have made hundreds of millions of dollars off Nancy’s insider knowledge, but Sen. Josh Hawley (R-MO) has a plan to stop it, he told  – Editor-in-Chief Alex Marlow on Thursday’s episode of The Alex Marlow Show.

Hawley reintroduced the Preventing Elected Leaders from Owning Securities and Investments (PELOSI) Act in April to ban members of Congress and their family members from being able to trade or hold stocks.

The bill’s namesake, former Speaker Nancy Pelosi (D-CA), has made “hundreds of millions” – despite a salary never higher than just over $200,000 – since her election to Congress. Hawley said that cannot be done following the law.

“You don’t do it legally,” Hawley said of Pelosi’s acquisition of wealth. “And here’s the thing, Nancy Pelosi and her husband last year, in 2024, beat every hedge fund in the nation, practically. So, either Nancy Pelosi is a mathematical and financial analyst genius… or maybe, maybe the information that she’s privy to turns out to be pretty darn valuable.”

“And everybody knows it’s the second thing. It’s just outrageous,” he added.

Hawley’s nonpartisan bill would be enforced for both Republicans and Democrats, but Pelosi is the most notorious offender.

Hawley said for her to have that success without breaking the law and using insider information, Nancy would have to be “a total financial genius, the likes of which comes along once every I don’t know, 1,000 years.”

Hawley believes elected officials staying in elected office longer than the founders intended is connected with the problem of members exploiting the office to enrich themselves. Its “no coincidence” that “the longer they’re here, the more ways they find to make money off of their jobs,” he told Marlow.

“Members of Congress are paid a salary. That’s fine, obviously, but we’re not talking about that,” he said. “We’re talking about millions and millions and millions of tens of millions of dollars – hundreds of millions, in the Pelosi case that they’ve made while she has been in office.”

Members of Congress “leveraging the office” to get rich is “the farthest thing from what the Founders intended,” Hawley said. “And really it’s a disaster for our system if it’s allowed to continue without any kind of check.”

Paul Pelosi and Nancy Pelosi attend the 2024 Kennedy Center Honors at The Kennedy Center on December 08, 2024 in Washington, DC. (Taylor Hill/FilmMagic via Getty Images)

The PELOSI Act promotes transparency through strict disclosure requirements and the prohibition of trading or owning individual stocks for members and their families.

“If you’re a member of Congress, you shouldn’t be up here day trading,” Hawley said. “You should be focused on your job.”

The bill allows members of Congress to invest in broad-based mutual funds but prohibits them from investing in industry-based funds or even blind trusts, which “are too easy to get around and to manipulate,” he explained.

The bill includes strict disclosure requirements and “tough penalties” for anyone who violates the law.

“If they violate the provisions, if they trade individual stock, if they own individual stock, they have to disgorge all of the profits and pay a financial penalty on top,” Hawley explained. “That’s the only way we’re going to get this stopped,” he said of the strict disclosure requirements.

Hawley has introduced the bill in a previous Congress, but it did not become law.

“I introduced it several years ago, and actually last year, we passed it, believe it or not, through committee in the Senate,” Hawley said, touting that it was the “first time that a stock trading ban” passed in the chamber.

Against heavy odds, the bill garnered support from both Republicans and Democrats, but it did not receive a vote in the House.

Trump – whose first term as president featured Pelosi as his chief nemesis – said this year he would sign a bill banning stock trading if it came to his desk. Hawley is hoping his bill is the one to get there.

But first, it must receive a vote.

“We’ve got to put people on the record. We’ve got to force a vote on this thing,” he said.

Pelosi has already made her hundreds of millions. But if Hawley can pass the PELOSI Act, perhaps he can stop other lawmakers from exploiting their power.

The Alex Marlow Show, hosted by – Editor-in-Chief Alex Marlow, is a weekday podcast produced by – News and Salem Podcast Network. You can subscribe to the podcast on YouTubeRumbleApple Podcasts, and Spotify.

Bradley Jaye is Deputy Political Editor for – News. Follow him on X/Twitter and Instagram @BradleyAJaye.

Share this @internewscast.com
You May Also Like

Melania Trump Offers Uncommon Public Praise for Camp Mystic Girls

Melania Trump made a rare public statement on Friday as she paid…

Migrant Seriously Injured After Falling While Fleeing ICE

A Mexican father employed in the United States is battling for his…

Katie Taylor Triumphs Over Amanda Serrano at Madison Square Garden

Though the finale wasn’t quite the dramatic closure expected for one of…

Ben Affleck Enjoys Family Time with Ex Jennifer Garner at Baseball Game

Ben Affleck played the doting family man as he joined ex Jennifer…

Jota’s Wife and Team Arrive at Anfield to See Fan Tributes

Rute Cardoso, wife of Diogo Jota, was greeted with numerous heartfelt tributes…

Noah Presgrove Announcement May Finally Solve Teen’s Mysterious Death

The mystery surrounding a teenager’s death by a desolate highway might finally…

Aaron Phypers Seen Without Wedding Ring Amid Estrangement from Denise Richards

Denise Richards’ estranged husband Aaron Phypers was spotted out in Los Angeles…

Ty Cobb Confirms: Attorney General Pam Bondi Will Stay in Position

Former White House special counsel Ty Cobb said Friday on CNN’s “OutFront”…

Breitbart Business Digest: U.S. Economic Confidence Reaches Peak Levels in Recent Years

The “Good Vibrations” Economy One of the best kept secrets in the…

Traditional Wife Shares Her Tips for a Successful Marriage

A self-described traditional wife has gained attention for sharing the stringent guidelines…

Trump Gives ICE More Authority to Take Needed Actions Following Attacks

President Donald Trump has instructed federal law enforcement to utilize ‘whatever means…

Chilling Social Media Post by McDonald’s Employee Before Allegedly Killing Manager

A McDonald’s employee posted an unhinged Instagram rant accusing her manager of…