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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.
Read the Full Bill
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
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
4Democrat Cosponsors
2Republican Cosponsors
2Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 1498
Primary Policy Focus
CongressAlternate 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

Loretta Batchelor
501
3 months ago
I support this bill.

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
412
7 months ago
This bill is a good idea. Members of Congress shouldn't be allowed to make certain financial transactions.

Kelly Heller
455
3 months ago
Excited for this new bill!
Sponsors and Cosponsors of S 1498
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