Trump says he would ‘absolutely' sign ban on congressional stock trading
'Well, I watched Nancy Pelosi get rich through insider information, and I would be okay with it. If they send that to me, I would do it,' Trump told Time magazine in an interview about his first 100 days in office.
Asked if he would sign such a bill, Trump replied, 'Absolutely.'
Former Speaker Nancy Pelosi (D-Calif.) dropped her opposition to legislation banning members of Congress from trading stocks in 2022. Her husband, Paul Pelosi, is an investor who has made significant money off of stock trades.
Republicans have also come under scrutiny in recent weeks for their stock trading habits, prompting allegations from Democrats that the president has manipulated the market to benefit his allies.
Rep. Marjorie Taylor Greene (R-Ga.), a staunch Trump ally, purchased tens of thousands of dollars' worth of stock the day before the president announced he was pausing sweeping tariffs for 90 days, a move that caused the market to surge.
Greene has previously said she relies on a financial adviser to make trades on her behalf.
A ban on congressional stock trading has garnered bipartisan support over the years, though never enough to pass both chambers of Congress.
The biggest action on the issue came last year when the Senate Homeland Security and Government Affairs Committee advanced the Ending Trading and Holdings in Congressional Stocks Act, which would ban members of Congress, their spouses and dependent children from trading stocks.
It did not pass the full Senate, which has since flipped from Democratic to Republican control.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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Los Angeles Times
25 minutes ago
- Los Angeles Times
Zelensky rejects Trump talk of ceding Ukrainian territory, says Kyiv must be part of any talks
KYIV, Ukraine — Ukrainian President Volodymyr Zelensky on Saturday dismissed the planned summit between President Trump and Russian President Vladimir Putin, warning that any peace deal excluding Kyiv would lead to 'dead solutions.' The Trump-Putin meeting, scheduled for Friday in Alaska, has been cast as a potential breakthrough in the nearly 3½-year war. Trump had previously agreed to meet with Putin even if the Russian leader would not meet with Zelensky, stoking fears for Ukraine and many allies that it could be sidelined in efforts to stop Europe's biggest conflict since World War II. In a statement posted to Telegram, Zelensky said Ukraine's territorial integrity, enshrined in its constitution, must be nonnegotiable, and he emphasized that lasting peace must include Ukraine's voice at the table. In response to Trump's comments to reporters Friday that any agreement would probably involve 'some swapping of territories,' Zelensky said that Ukraine 'will not give Russia any awards for what it has done' and that 'Ukrainians will not give their land to the occupier.' Touching on Ukrainian anxieties that a direct meeting between Putin and Trump could marginalize Ukraine and European interests, Zelensky said: 'Any decisions that are without Ukraine are at the same time decisions against peace. They will not bring anything. These are dead decisions. They will never work.' Ukrainian officials had previously told the Associated Press privately that Kyiv would be amenable to a peace deal that would de facto recognize Ukraine's inability to regain lost territories militarily. Trump announced Friday his planned meeting with Putin in Alaska. 'It seems entirely logical for our delegation to fly across the Bering Strait simply, and for such an important and anticipated summit of the leaders of the two countries to be held in Alaska,' Putin's foreign affairs advisor, Yuri Ushakov, said Saturday in a statement posted to the Kremlin's news channel. The summit could prove pivotal in a war that began when Russia invaded its western neighbor in February 2022 and has led to tens of thousands of deaths, although it's far from certain it will stop the fighting since Moscow and Kyiv remain far apart on their conditions for peace. In his comments to reporters at the White House on Friday, before his post confirming the date and place, Trump gave no further details on the 'swapping of territories.' Analysts, including some close to the Kremlin, have suggested that Russia could offer to give up territory it controls outside the five regions it claims to have annexed — Crimea and the four regions seized since Moscow's invasion. Trump said his meeting with Putin would come before any sit-down discussion involving Zelensky. His announcement that he planned to host one of America's adversaries on U.S. soil broke with expectations that they'd meet in a third country. The gesture appears to give Putin validation after the U.S. and its allies had long sought to make him a pariah over his war against Ukraine. Nigel Gould-Davies, a senior fellow for Russia and Eurasia at the International Institute for Strategic Studies, told the Associated Press that the 'symbology' of holding the summit in Alaska was clear, and that the location 'naturally favors Russia.' 'It's easy to imagine Putin making the point. … We once had this territory and we gave it to you, therefore Ukraine had this territory and now should give it to us,' he said, referring to the 1867 transaction known as the Alaska Purchase when Russia sold Alaska to the United States for $7.2 million. On the streets of Kyiv, reactions to the idea of Ukraine ceding territory to Russia ranged from skepticism to quiet resignation. 'It may not be capitulation, but it would be a loss,' said Ihor Usatenko, a 67-year-old pensioner, who said he would consider ceding territory 'on condition for compensation and, possibly, some reparations.' Anastasia Yemelianova, 31, said she was torn: 'Honestly, I have two answers to that question. The first is as a person who loves her country. I don't want to compromise within myself,' she told the AP. 'But seeing all these deaths and knowing that my mother is now living in Nikopol under shelling and my father is fighting, I want all this to end as soon as possible.' Others, like Svitlana Dobrynska, whose son died fighting, rejected outright concessions but supported halting combat to save lives. 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The Hill
25 minutes ago
- The Hill
Graham ‘confident' Trump will walk away from summit if Putin ‘insists on bad deal'
Sen. Lindsey Graham (R-S.C.), a major proponent of increased sanctions on Moscow and its allies, signaled Saturday that he supported President Trump's decision to meet with Russian President Vladimir Putin. Invoking former President Ronald Reagan's summit with former Russian leader Mikhail Gorbachev before the end of the Cold War and subsequent fall of the Soviet Union, Graham said he was 'confident' in Trump. 'I'm confident President Trump will walk away – like Reagan – if Putin insists on a bad deal,' the South Carolina Republican wrote on social platform X. 'Good luck, Mr. President, in your efforts to end this brutal war.' 'The world should be pulling for you. I know I am,' he added. The remarks follow Trump's announcement Friday that he would meet with the Russian leader in Alaska next week to discuss ending the more than three-year-long war in Ukraine. The president is proposing that the Eastern European nations swap territory in an effort to fast track a peace deal. Ukrainian President Volodymyr Zelensky, who was not invited to the upcoming summit, has rejected the idea and urged the U.S. to give Kyiv a seat at the table. Trump also brushed off reports that he wanted Putin and Zelensky to speak first. 'He would like to meet with me,' he told reporters Friday, adding, 'and I'll do whatever I can to stop the killing.' The highly anticipated conversation also comes as criticism mounts following Trump's unfulfilled threat to hit Russia with new sanctions. The president originally gave Putin about 50-days to accept terms for a ceasefire but later shortened the timeline as the Kremlin continued to strike Ukraine. Trump has, however, announced up to 50 percent tariffs on India for purchasing Russian oil, a move that has seemingly only pushed Indian Prime Minister Narendra Modi closer to Russia. The secondary sanctions were part of a bipartisan measure led by Graham and Sen. Richard Blumenthal (D-Conn.) aiming to defund Russia's war machine. 'Remember, while India is our friend, we have, over the years, done relatively little business with them because their Tariffs are far too high, among the highest in the World, and they have the most strenuous and obnoxious non-monetary Trade Barriers of any Country,' Trump wrote on Truth Social earlier this month, but did not issue similar sanctions on China, who is also a major trading partner with Moscow. Lawmakers have largely left the implementation of sanctions in Trump's hands. Graham on Saturday pushed back on critics, lauding Trump for being willing to speak with Putin directly before imposing financial restrictions. 'To those who criticize President Trump for being willing to meet with Putin to end the bloodbath in Ukraine — remember Reagan met with Gorbachev to try to end the Cold War,' the senator wrote. Amid the president's trade restrictions, Putin has touted strong relationships with Modi and Chinese President Xi Jinping. Putin and Modi recently spoke via phone and touted their alliance. 'Had a very good and detailed conversation with my friend President Putin. I thanked him for sharing the latest developments on Ukraine. We also reviewed the progress in our bilateral agenda, and reaffirmed our commitment to further deepen the India-Russia Special and Privileged Strategic Partnership,' Modi wrote on X. 'I look forward to hosting President Putin in India later this year.'
Fox News
25 minutes ago
- Fox News
Gutfeld appears on Fallon as Trump blasts other late-night comedians
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