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Preventing Elected Leaders from Owning Securities and Investments (PELOSI) Act

In committee: it can still change before the session ends.

US HR 3388 · House Bill · 119th Congress

Draft a letter
Stage
In committee
Started in
House
Sponsors
2
Latest action
May 14, 2025

What it does

The Preventing Elected Leaders from Owning Securities and Investments (PELOSI) Act would prohibit Members of Congress and their spouses from holding, purchasing, or selling certain financial instruments—including individual stocks, security futures, commodities, and synthetic equivalents like options or warrants—during their term of service. The bill includes a 180-day divestment period for those already holding such assets at enactment and for new members after they begin service, while exempting diversified mutual funds, ETFs, U.S. Treasury securities, and spousal or dependent compensation from primary occupations. Violations would require disgorgement of profits and could result in civil…

No official summary is available here. This one was written by AI from the bill’s text.

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Where it stands

  1. Introduced (Done)

    May 14, 2025

  2. Committee (Current step)

    In committee · May 14, 2025

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

Preventing Elected Leaders from Owning Securities and Investments (PELOSI) Act | 52