[Congressional Record Volume 171, Number 82 (Thursday, May 15, 2025)]
[House]
[Page H2082]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                    CONGRESSIONAL STOCK TRADING BAN

  (Mr. NUNN of Iowa asked and was given permission to address the House 
for 1 minute and to revise and extend his remarks.)
  Mr. NUNN of Iowa. Mr. Speaker, in 2023, dozens of Members of Congress 
beat the S&P 500, while only 40 percent of Wall Street pros were able 
to pull that off. I think that has got Americans asking: What does 
Congress have, a secret strategy?
  The sad part is, they did. It is called insider trading.
  Members of this body are so good at investing that apps like the 
Pelosi Tracker exist as a stock tip machine. It has given investors a 
45 percent return in the last year alone simply by copying the former 
Speaker's stock trades.
  Now, this isn't a partisan issue. Republicans and Democrats together 
have made over $200 million in the market last year, while Americans 
got hammered by inflation and rising interest rates.
  Mr. Speaker, I am a farm kid from Iowa. When I came to Washington, I 
didn't have many stocks to sell, but I sold them all because it is the 
right thing to do. It is ridiculous that anyone would commit insider 
trading while being here.
  President Trump agrees and Speaker Johnson agrees that now is the 
time to pass my bill, the No Corruption in Government Act to finally 
ban Members of Congress from stock trading, stop government pay raises, 
and extend the lobbying ban.
  Mr. Speaker, let's pass this bill and get it to the President's desk. 
Let's give the American people back their faith in democracy.

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