Overview
- Calling for Congress to pass the Stop Insider Trading Act "without delay," Trump drew a rare Democratic ovation that included Sen. Elizabeth Warren.
- He ad-libbed, "Did Nancy Pelosi stand up?" underscoring years of scrutiny of trades disclosed by her family, which Pelosi has denied were improper.
- The bill would prohibit lawmakers, spouses and dependent children from buying individual publicly traded stocks and require seven days’ public notice before any sale, while allowing existing holdings to be retained.
- After advancing out of committee in January, the measure has not reached a House floor vote, facing resistance from dozens of Republicans as Democrats push for broader reforms that could also cover the executive branch.
- Pelosi told CNN there was nothing improper in her disclosures, said she stood for the call to restrict trading, and reiterated support for passing a ban.