Nancy Pelosi changes course, says she’s open to stock trading ban for lawmakers: ‘If members want to do that, I’m okay with that’

Nancy Pelosi changes course, says she’s open to stock trading ban for lawmakers: ‘If members want to do that, I’m okay with that’

House Speaker Nancy Pelosi signaled on Thursday that she was open to considering proposals to ban stock trading by members of Congress, reversing course from a "I've said to the House Administration Commitee, review all the bills that are coming in and see which ones — where the support is in our caucus," said Pelosi, responding to a question from Insider about a . "If members want to do that, I'm okay with that." Facing pressure from and , Pelosi has already asked the committee to review compliance with the Stop Trading on Congressional Knowledge (STOCK) Act, which requires timely disclosures of financial transactions but offers little in the way of penalties for noncompliance. In December, Insider released a 5-month investigation which found that and had failed to comply with the law. Insider also identified numerous conflicts-of-interest among lawmakers' personal stock trades and their public responsibilities, such as members who craft military policy and and who in the months after the coronavirus pandemic began. Pelosi told reporters that she'd received letters from members encouraging support for the idea — a possible reference to a letter to leadership being drafted by Rep. Jared Golden of Maine that was . "We came