Rep. Luna Pushes For New Ban
Rep. Anna Paulina Luna, R-Fla., is renewing a high-profile effort to ban members of Congress from trading individual stocks, taking direct aim at what many Americans see as one of Washington’s most blatant abuses of power. In a detailed interview with Newsmax, Luna warned that far too many elected officials have been using their positions — and the insider information that comes with them — to line their own pockets while the American people struggle under a volatile economy.
Luna Warns: Washington’s Insider Trading Problem Is Real and Out of Control
Speaking on Finnerty, Luna said the legislation, introduced by Rep. Tim Burchett, R-Tenn., was created specifically to restore public trust at a time when confidence in Congress is near historic lows. She emphasized that voters across the political spectrum are fed up with lawmakers making suspiciously high returns on their investments, especially when those same lawmakers claim to be fighting for working families.
Luna did not mince words:
“There’s massive bipartisan support from the American people. Insider trading absolutely exists in Washington. There are members receiving market-shifting information before the public, and some are getting returns of 600% or 700% on their portfolios.”
These numbers, she said, should set off alarm bells for every taxpayer who expects fairness, accountability, and ethical behavior from their elected leaders.
Luna Calls Out Nancy Pelosi’s Massive Returns: ‘Never Again’
Luna singled out former House Speaker Nancy Pelosi — a name that continues to draw scrutiny and skepticism from conservatives nationwide. She cited reports indicating Pelosi’s stock portfolio once saw a jaw-dropping 17,000% return, raising questions that many Americans have been asking for years: How are these financial miracles happening while the rest of the country faces inflation, rising costs, and shrinking retirement accounts?
Luna said her bill is designed to ensure “another Nancy Pelosi situation never happens again.” Her message was sharp and direct:
“If you want a job in stock trading, go to Wall Street — not Congress.”
This line, now going viral among conservatives, captures the growing frustration over congressional stock trading and the perception that Washington enriches itself while middle-class Americans scrape by.
GOP Leadership Sending Mixed Signals as Luna Prepares for a Fight
Despite broad national support for a ban, Luna revealed that Republican leadership may be quietly trying to slow the bill down. She said she recently received a tip indicating that the proposal might be blocked behind the scenes.
Rather than backing down, Luna took immediate action.
“I filed a discharge petition. If I detect any attempt to kill this bill or bury it in committee, I will activate that petition and take it directly to the House floor.”
A discharge petition requires 218 signatures, which would force the measure to a vote without needing approval from Speaker Mike Johnson, R-La. Luna said she has strong backing from across the conservative conference and is confident she can secure the numbers if leadership stalls.
Congress Faces New Scrutiny Over Stock Trades Linked to Committee Work
The House Administration Committee is reportedly preparing to hold a hearing next week on multiple proposals to limit or ban stock trading by members of Congress and their spouses. This comes after new watchdog reports revealed that dozens of lawmakers made questionable trades in industries overseen by their own committees — a practice many Americans view as a clear conflict of interest.
For older conservative readers concerned about fairness, retirement, and government accountability, this issue hits especially close to home.
Luna: Congress Must Serve the People — Not the Markets
Luna said a full ban on congressional stock trading would be a powerful step in rebuilding trust and proving that lawmakers are accountable to the voters, not to Wall Street interests or backroom financial advantages.
“It’s time to remind Washington that members of Congress work for the American people — not for the markets, not for special interests, and not for their personal stock portfolios.”
