Former Speaker of the House Nancy Pelosi on Wednesday announced her retirement in a really roundabout, unofficial way by announcing she supports the Senate’s version of the congressional stock trading ban, saying “We must have strong transparency, robust accountability and tough enforcement for financial conduct in office because the American people deserve confidence that their elected leaders are serving the public interest not their personal portfolios. If legislation is advanced to help restore trust in government and ensure that those in power are held to the highest ethical standards, then I am proud to support it – no matter what they decide to name it.”
Yeah, of the bills is named the “PELOSI Act.” Continued: “While I appreciate the creativity of my Republican colleagues in drafting legislative acronyms, I welcome any serious effort to raise ethical standards in public service. The HONEST Act, as amended, rightly applies its stock trading ban not only to Members of Congress, but now to the President and Vice President as well. I strongly support this legislation and look forward to voting for it on the Floor of the House.”