{"id":62425,"date":"2026-01-13T13:09:14","date_gmt":"2026-01-13T18:09:14","guid":{"rendered":"https:\/\/www.rightwinggranny.com\/?p=62425"},"modified":"2026-01-13T13:09:14","modified_gmt":"2026-01-13T18:09:14","slug":"this-should-have-been-done-ages-ago","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=62425","title":{"rendered":"This Should Have Been Done Ages Ago"},"content":{"rendered":"<p>On Monday, <a href=\"https:\/\/www.newsmax.com\/politics\/house-gop-bill\/2026\/01\/12\/id\/1241787\/\" target=\"_blank\" rel=\"noopener\">Newsmax<\/a> posted an article about a bill being introduced in the U.S. House of Representatives to ban stock trading by members of Congress.<\/p>\n<p>The article reports:<\/p>\n<p style=\"padding-left: 40px;\"><strong>House Administration Committee Chairman Bryan Steil, R-Wis., on Monday will introduce a bill banning lawmakers from buying individual stocks.<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>A post from the House Administration Committee on <a href=\"https:\/\/x.com\/HouseAdmin\/status\/2010718993137713399\" target=\"_blank\" rel=\"nofollow noopener noskim\">X<\/a> confirmed the rollout of the &#8220;Stop Insider Trading Act,&#8221;\u00a0saying &#8220;it&#8217;s time we banned lawmakers from trading stocks,&#8221;\u00a0as Republicans move to answer a long-simmering public concern: that members of Congress can use privileged information to pad their portfolios.<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>According to <a href=\"https:\/\/www.wsj.com\/politics\/policy\/gop-lawmakers-back-stock-trading-crackdown-f6047293?mod=hp_lead_pos11\" target=\"_blank\" rel=\"nofollow noopener noskim\">The Wall Street Journal<\/a>, Steil drafted the legislation with the backing of House GOP leadership and support spanning party\u00a0factions, including Reps. Anna Paulina Luna, R-Fla., Chip Roy, R-Texas, and Mike Lawler, R-N.Y., as original co-sponsors.<\/strong><\/p>\n<p>The last time the House tried to do this, they called it the <span class=\"fc-falcon\">Preventing Elected Leaders from Owning Securities and Investments (<b>PELOSI<\/b>) <b>Act. Now that Nancy Pelosi is not running for re-election (she was one of the most successful stock traders the market has ever seen), they may be able to pass this.<\/b><\/span><\/p>\n<p>The article concludes:<\/p>\n<p style=\"padding-left: 40px;\"><a href=\"https:\/\/www.washingtontimes.com\/news\/2025\/dec\/19\/house-republicans-strike-intraparty-deal-early-2026-vote-stock\/\" target=\"_blank\" rel=\"nofollow noopener noskim\"><strong>The Washington Times<\/strong><\/a><strong> reported last month that House Republicans planned to vote early in 2026 on a congressional stock-trading ban after reaching a <a href=\"https:\/\/www.newsmax.com\/newsfront\/congress-stock-trading-ban-house-vote\/2025\/12\/19\/id\/1239023\/\">compromise<\/a> under which the ban would apply only to lawmakers, not the president or vice president.<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>&#8220;I think we&#8217;re going to deliver a really strong product in 2026,&#8221; Roy told the outlet.<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>Roy declined to discuss specifics but said the legislation will include &#8220;a lot of elements&#8221; of his <a href=\"https:\/\/www.congress.gov\/bill\/119th-congress\/house-bill\/5106\/text\" target=\"_blank\" rel=\"nofollow noopener noskim\">Restore Trust in Congress Act<\/a>, which is co-sponsored by Rep. Seth Magaziner, D-R.I., and 118 others.<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>The push comes as bipartisan frustrations over congressional trading persist.<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>Lawmakers in both parties have explored stricter bans in recent years, driven by voter anger over conflicts of interest and weak enforcement.<\/strong><\/p>\n<p>It is way past time to pass this bill.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Monday, Newsmax posted an article about a bill being introduced in the U.S. House of Representatives to ban stock trading by members of Congress. The article reports: House Administration Committee Chairman Bryan Steil, R-Wis., on Monday will introduce a &hellip; <a href=\"https:\/\/www.rightwinggranny.com\/?p=62425\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[15763,15762,7830,17974,8401,8530],"class_list":["post-62425","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-ban-on-congressional-stock-trading","tag-congressional-stock-trading","tag-newsmax","tag-preventing-elected-leaders-from-owning-securities-and-investments-pelosi-act","tag-the-wall-street-journal","tag-the-washington-times"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/62425","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=62425"}],"version-history":[{"count":1,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/62425\/revisions"}],"predecessor-version":[{"id":62426,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/62425\/revisions\/62426"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=62425"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=62425"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=62425"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}