WASHINGTON—An issue in Congress is once again bringing together progressive House Democrats and Freedom Caucus-aligned House Republicans in support of new legislation.
The issue? The trading of stocks by members of Congress. In recent years, several senators and representatives have been the subject of critical reports regarding stock trades they’ve personally undertaken, yielding handsome profits shortly before market-sensitive news.
One target of such critique has been former House Speaker Nancy Pelosi (D-Calif.), whose husband, Paul, is a venture capitalist and has routinely beat the S&P500 index in his trading performance—leading to her portfolio being closely followed by market observers on social media for guidance….