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Home»US News

Despite Trump’s initial harsh reaction, Holy is optimistic about the proposed stock trading ban

Artificial IntelligenceBy Artificial IntelligenceAugust 1, 2025 US News No Comments5 Mins Read
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Despite President Donald Trump’s harsh criticism of his bill that bans stock trading among government officials, R-Mo. Senator Josh Hawley of the United States claims he has a good relationship with the president who shares his goal of enacting such a ban.

“The president and I had a really good conversation,” Holy told Fox News Digital on Thursday, adding, “He wants to do that.”

“What the White House wanted was that the president, the vice president, not covered. They’re not, but that’s going to be the next office holder,” he explained.

The Missouri Republican added, “To be fair, we did the same for Joe Biden. We passed this last year and set a date to become the next president that we have to follow.”

“So Trump and Vance are not covered, but all members of Congress are. And it’s not a complete bill, but it’s pretty difficult,” Holy said.

Congress’s stock trading ban passes the committee when Holy denied reporting a White House pushback

R-Mo over a bill that bans stock trading among government leaders after being severely criticised by President Donald Trump and left. Sen. Josh Hawley said the president “want to do that,” despite criticism. (AP Photo/Alex Brandon and Joseph A. Wulfsohn/Fox News Digital)

Originally named the Pelosi Act, it switched to honesty after Senate Democrats agreed to support it, plaguing Trump and many Senate Republicans. The bill was advanced by the committee with 8-7 votes, and Holy joined the Democrats and approved the bill.

Shortly after the vote, Trump delved into Holy with a true social post that called him “Pawn” and “Second-Tier” Senator.

“The Democrats have long been trying to ‘target’ me for our incredible results and success. They use Josh Hawley. “Why would Holy pass a bill that says Nancy Pelosi has absolute love? He’s heading straight for the dirty Democrats. It’s a big bill for her and her ‘husband’, but it’s not so bad for our country!

Despite the pushback, Holy told Fox News Digital that he “want to do this.”

“I want to ban this, so I do my job, I told my colleagues, “But what I don’t do is a consensus that kills the bill.”

Trump supports a stock trading ban, so lawmakers like Pelosi can’t continue the “ripping off” component.

Despite the pushback, Sen. Josh Hawley told Fox News Digital that he “want to do this.” (Tom Williams/CQ-Roll Call, Inc, Getty Images)

He blasted the amendments proposed by Sen. R-Fla’s Senator Rick Scott and was promoted by Trump.

“Scott really made it clear he was opposed to this bill and was trying to kill it,” Holly said.

“I’ve been watching this for six years. A member campaign that bans stocks, and they’re coming here. They’re not going to be the right time, or are trying to do it later, or never.

On his side, Scott told Fox News Digital that “Trump is on the right.”

“This was a bill that Senator Holy worked with Democrats to attack Trump,” he said. “This is the man who has passed Russiagate, has gone through charges, has gone through convictions, and has gone through all of this. And this is a new bill to target the president.”

Pelosi pushes back insider trading claims related to CNN

U.S. Sen. Rick Scott (R-FL), Left, and Sen. John Tune (R-SD) are waiting to speak with reporters on December 6, 2022 in Washington, DC (Kevin Diet/Getty Images) following the Senate weekly policy luncheon at the Capitol.

Meanwhile, R-Wisc. Sen. Ron Johnson of the group told Fox News Digital that she considers support for the bill after her husband’s years of lucrative dealings to be “hypocritical” in “Rep. Nancy Pelosi’s D-Calif.”

“I found it interesting that all Democrats, along with Senator Holy, voted against Rick Scott’s excellent amendment. “If they really wanted to get to that bottom, they would have supported that amendment. The fact that they voted against it speaks volume.”

“The idea is good, the execution isn’t that good,” said Sen. James Lankford, R-Okla.

“I wanted to see a bill that was actually fixed and actually worked. This bill says it can’t use Stablecoin, such as cryptocurrencies, digital currencies,” he explained. “That’s a simple idea. But you have to be able to clean up this particular version of the language and make sure it’s correct.”

Senator Rand Paul, R-KY. He also had problems with the bill, particularly to exempt Trump. He told Fox News Digital, “If it’s a good bill, they’ll apply it to Donald Trump. The fact that they’re exempt Donald Trump, and that he’ll probably be exempt from it, means that it’s not a very good bill.”

Pelosi’s stock trading legacy is plagued by Democrats when Jeffries slams the “thief” of GOP freshman

Senator John Fetterman will speak at the sixth edition of the Senate Project, hosted by Fox News Anchor Shannon Bream, at the Edward M. Kennedy Institute of Senator Edward M. Kennedy, held in Boston on June 2, 2025. (Scott Eisen/Getty Images)

He said that if passed, the bill would “deter” leaders with strong business insights.

“You want to take those kinds of people, you’re not only going to prohibit them from owning inventory, but you’re going to stop a lot of people who say they have to sell all their businesses.

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On the other side of the aisle is Sen. John Fetterman, D-Pa. expressed support for the bill, saying, “Treat everyone equally and don’t trade stocks if you’re here.”

In conclusion, Holy said he agreed to changes that rule out Trump and Vance to get a bill that could be signed into law.

“I think something passed by and something he could sign on, and we’ve taken a step forward about it today,” he said.

Peter Pinedo is a political writer for Fox News Digital.

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