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Rep. Mace Raises Concerns Over Congressional Stock Trading; Pelosi Declines to Comment

  • Rep. Nancy Mace, a South Carolina Republican, publicly supports banning stock trading by members of Congress amid ongoing reform efforts.
  • Calls for the ban gained momentum after Rep. Mark Alford introduced House legislation mirroring Sen. Josh Hawley's 'PELOSI Act' to bar lawmakers from trading individual stocks.
  • Critics have focused on former House Speaker Nancy Pelosi due to her extensive stock portfolio, which was valued at approximately $120 million as of April 28, 2025.
  • Mace highlighted concerns that lawmakers should not vote on issues where they could financially benefit, while House Speaker Mike Johnson acknowledged 'a few bad actors' damaged public trust.
  • Pelosi declined to comment on the trading ban proposal, leaving uncertainty as bipartisan support grows to restore confidence in congressional ethics.
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Fox News broke the news in New York, United States on Thursday, May 22, 2025.
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