Congress Votes to Ban Lawmaker Stock Trading as Pelosi Family Portfolio Soars
On July 22, 2026, the U.S. House of Representatives voted 232-198 to pass the Stop Insider Trading Act, barring members of Congress, their spouses, and dependent children from buying individual stocks. The vote came during Nancy Pelosi's final term, after her family's stock portfolio—managed by her husband Paul Pelosi—grew from $30 million to an estimated $278 million, including a 70.9% gain in 2024 versus the S&P 500's 25%. Pelosi, who long opposed such restrictions, reversed her stance and endorsed the ban. The bill now moves to the Senate, where companion legislation (the PELOSI Act) has stalled. The trading restrictions would take effect before Pelosi's term ends on January 3, 2027, giving the legislation symbolic weight. The article highlights Paul Pelosi's well-timed NVIDIA options trades as a key driver of the reform push.
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