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Preventing Elected Leaders from Owning Securities and Investments (PELOSI) Act

8/27/2025, 4:15 AM

Summary of Bill S 1498

This bill, designated as S. 1498 in the 119th Congress, aims to amend chapter 131 of title 5, United States Code, to prevent Members of Congress from engaging in transactions related to specific financial instruments. Introduced on April 28, 2025, this bill likely contains provisions outlining the restrictions and prohibitions imposed on congressional members with regards to these transactions.

Current Status of Bill S 1498

Bill S 1498 is currently in the status of Bill Introduced since April 28, 2025. Bill S 1498 was introduced during Congress 119 and was introduced to the Senate on April 28, 2025.  Bill S 1498's most recent activity was Committee on Homeland Security and Governmental Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably. as of July 30, 2025

Bipartisan Support of Bill S 1498

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
4
Democrat Cosponsors
2
Republican Cosponsors
2
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 1498

Primary Policy Focus

Congress

Alternate Title(s) of Bill S 1498

A bill to amend chapter 131 of title 5, United States Code, to prohibit transactions involving certain financial instruments by Members of Congress.
A bill to amend chapter 131 of title 5, United States Code, to prohibit transactions involving certain financial instruments by Members of Congress.

Comments

Ander Moser profile image

Ander Moser

460

3 months ago

I support this new bill, it will help stop corruption in government and make things fair for everyone.

Micah Hernandez profile image

Micah Hernandez

412

7 months ago

This bill is a good idea. Members of Congress shouldn't be allowed to make certain financial transactions.

Kelly Heller profile image

Kelly Heller

455

3 months ago

Excited for this new bill!