Fact-check analysisVerified as of July 30, 2025Curated by FactVerify
True

A Senate committee has just approved a bill to ban stock trading for members of Congress, the VP, and the President.

A Senate committee has approved a bill, known as the PELOSI Act, that would ban stock trading for members of Congress, the Vice President, and the President.

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At a glance

Key Evidence

Verified July 30, 2025
The reporting

What the Evidence Shows

Multiple credible sources confirm that a Senate committee has voted to advance legislation aimed at banning stock trading by members of Congress, the Vice President, and the President. The bill, introduced by Senator Josh Hawley and called the Preventing Elected Leaders from Owning Securities and Investments (PELOSI) Act, seeks to prohibit these officials from trading or holding individual stocks to prevent conflicts of interest.

The bill has passed through a Senate Homeland Security and Governmental Affairs Committee and is moving forward despite some opposition, particularly from Republicans. Notably, there is a carve-out for former President Donald Trump, meaning the bill would apply only to future administrations. This legislative action has been widely reported by reputable news outlets including Forbes, Politico, Axios, and others.

Primary trail

Verified Sources10

Senate Takes Key Step To Ban Stock Trading For President, Vice President

forbes.com
Open source

Congressional stock trading ban gets Senate panel’s OK

politico.com
Open source

Hawley's stock trading ban sparks drama with White House

axios.com
Open source
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