high
priority
priority
Stop insider trading in Congress
The “PELOSI Act” or “HONEST Act” (H.R.3388/S.1498), would prevent insider trading by members of Congress and their spouses by preventing them from owning investments that would create a conflict of interest.
We must convince our representatives to pass this bill.
Status
This bill is being considered by both chambers at the same time under different codes:
- H.R.3388 is in House committee. Our Representatives on the Committee on House Administration will decide whether the bill advances to a vote.
- S.1498 has passed Senate committee. Our Senators will vote on it next.
If both chambers pass the same version of the bill, it will be sent to the President. The President may try to veto the bill, but Congress can override that veto with a two-thirds majority.