Concerns are mounting after several of the world’s wealthy and most influential business elites have been rushing to sell off billions of dollars worth of stock.
Senators Kirsten Gillibrand (D-NY) and Josh Hawley (R-MO) have just dealt a major blow to former Speaker Nancy Pelosi (D-CA) by introducing a bill to ban stock trading among members of Congress.
The stock status of beermaker Anheuser-Busch has just been downgraded by a major bank as the company continues to buckle under widespread boycotts of its products.
Former Speaker Nancy Pelosi (D-CA) dumped millions of dollars worth of Google stock just weeks before the Department of Justice (DOJ) announced it had launched an antitrust lawsuit against the Big Tech company.
Republican Senator Josh Hawley (R-MO) has introduced a new bill called the “PELOSI Act” which seeks to block members of Congress from abusing their positions by trading stocks for personal profit.
Republican Rep. Byron Donalds (R-FL) has slammed members of Congress for profiting from their positions, declaring that they “should not be actively trading” stocks.