Pelosi sees legislation on lawmaker stock trading ‘pretty soon’

FILE PHOTO: A jogger passes the by the U.S Capitol in Washington
FILE PHOTO: A jogger passes through a beam of sunlight in front of the U.S Capitol in Washington, U.S., January 18, 2022. REUTERS/Kevin Lamarque/File Photo

Legislation to tighten controls on U.S. lawmakers’ financial transactions, including possibly banning them from buying and selling stocks, could be put on a fast track toward passage, House of Representatives Speaker Nancy Pelosi said on Wednesday.

Weeks ago, Pelosi said the House Administration Committee was reviewing several suggestions from rank-and-file members amid calls for a new prohibition on stock market transactions.