Nancy Pelosi's stock ban blunder is Josh Hawley's gain

Nancy Pelosi and Josh Hawley.
(Image credit: Illustrated | AP Images, Getty Images, iStock)

Sen. Josh Hawley is right about something, and that could be a problem for Democrats.

Hawley, the Missouri Republican best known for his pre-insurrection Jan. 6 fist pump, on Wednesday introduced a bill that would ban members of Congress — and their spouses — from buying or trading stocks while in office. (My colleague Samuel Goldman should be happy.) The idea is to keep elected members of the legislative branch from gaming the system to their own advantage, either by taking advantage of insider information or by using their power to leverage their holdings. Current laws aimed at making Congressional stock holdings transparent to the public have turned out to be nearly useless. "It's time to stop turning a blind eye to Washington profiteering," Hawley said in a statement.

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
To continue reading this article...
Continue reading this article and get limited website access each month.
Get unlimited website access, exclusive newsletters plus much more.
Cancel or pause at any time.
Already a subscriber to The Week?
Not sure which email you used for your subscription? Contact us