Wednesday, January 25, 2023

THE LAST DAYS OF 'GOOD CATHOLIC' NANCY PELOSI'S LOOTING OF ELECTIVE OFFICE - Josh Hawley Introduces ‘PELOSI Act’ to Ban Congress from Trading Stocks

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Watters: The Five (CRIME) Families of the Democrat Party

https://www.youtube.com/watch?v=BBpvvHethg0


Congress Are Becoming Filthy Rich From Manipulating The Stock Market & Insider Trading

https://www.youtube.com/watch?v=lExO6GHn8sc


Elon Musk Gets up and RIPS Nancy Pelosi to SHREDS, Evidence in showing Pelosi's Lies and Corruption!

https://www.youtube.com/watch?v=qv19kmZw8lc



Pelosi: "Dr. King Wrote: ‘God Never Intended for One Group of People to Live in Superfluous Inordinate Wealth’"

CNSNEWS.COM STAFF | JANUARY 20, 2023 | 2:04PM EST
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(Photo by Jason Merritt/Getty Images)
(Photo by Jason Merritt/Getty Images)

(CNSNews.com) - Former House Speaker Nancy Pelosi (D.-Calif.) sent out a pair of tweets on Martin Luther King Day in which she quoted King as saying that God did not intend for a one class “of people to live in superfluous inordinate wealth.”

“Today, our nation celebrates on of our greatest heroes,” Pelosi said.

“Dr. Martin Luther King, Jr., dedicated his life to the cause of equality—not only in laws, but in hearts and minds as well,” she said.

“To this day, his clarion voice and unbreakable spirit still inspire our fight for justice,” she said.

 

Earlier that day, Pelosi had sent out a tweet that said: “Dr. King wrote: ‘God never intended for one group of people to live in superfluous inordinate wealth, while others live in abject deadening poverty.’

“Let us draw strength from these words,” Pelosi said, “as we strive to realize Dr. King & Coretta’s glorious vision of justice, equality & peace.”

Josh Hawley Introduces ‘PELOSI Act’ to Ban Congress from Trading Stocks

Senator Josh Hawley, a Republican from Missouri, speaks during Senate Judiciary Subcommittee hearing in Washington, DC, US, on Tuesday, Nov. 29, 2022. The top bosses at Kroger and Albertsons are headed for a round of tough questions from US senators skeptical of their $24.6 billion deal to create a supermarket …


Nathan Howard/Bloomberg/Stefano Costantino/SOPA Images/LightRocket via Getty Images
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Sen. Josh Hawley (R-MO) has introduced the “PELOSI Act” which would ban members of Congress, as well as their family members, from holding or trading stocks.

The legislation, known as the Preventing Elected Leaders from Owning Securities and Investments (PELOSI) Act, references former House Speaker Nancy Pelosi (D-CA) who was called out last year after her husband, Paul Pelosi, bought up to $5 million in stock in a semiconductor company right as the Senate was passing legislation to massively subsidize the semiconductor industry.

Pelosi was also among a group of Republicans and Democrats who beat the market in 2021 with hundreds of millions of dollars in stock trades. Others who faired the best include Reps. Austin Scott (R-GA), Brian Mast (R-FL), French Hill (R-AR), John Curtis (R-UT), and Dan Crenshaw (R-TX).

Hawley, who introduced similar legislation last year, said the practice must end.

“For too long, politicians in Washington have taken advantage of the economic system they write the rules for, turning profits for themselves at the expense of the American people,” Hawley said in a statement.

“As members of Congress, both Senators and Representatives are tasked with providing oversight of the same companies they invest in, yet they continually buy and sell stocks, outperforming the market time and again,” he continued.



Hawley’s PELOSI Act would ban members of Congress and their spouses from holding, acquiring, or selling stocks while in office. The legislation gives members and their spouses six months after taking office to divest stocks they hold or put them in a blind trust.

If members of Congress or their spouses are found to be in violation of the legislation’s rules, they would have to forfeit any profits to the United States Treasury. Violators would also be prohibited from deducting those losses on their income taxes.

The legislation gives the House and Senate ethics committees full power to fine members of Congress for such violations and would be required to publicize them to the American people. In accordance with the bill, the Government Accountability Office (GAO) would be required to audit members of Congress to ensure they are complying with the rules.

“While Wall Street and Big Tech work hand-in-hand with elected officials to enrich each other, hardworking Americans pay the price,” Hawley said. “The solution is clear: we must immediately and permanently ban all members of Congress from trading stocks.”

Banning members of Congress and their family members from trading stocks is hugely popular among likely American voters.

Last year, a Trafalgar Group survey revealed that 76 percent believe Congress has an “unfair advantage” when it comes to the stock market. Only five percent support permitting congressional stock trading.

John Binder is a reporter for Breitbart News. Email him at jbinder@breitbart.com. Follow him on Twitter here.

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