July 30, 2025


Hawley Clashes with Trump Over Landmark Stock Trading Ban Legislation

In a bold move that has sparked controversy within his own party, Senator Josh Hawley of Missouri has staunchly defended his proposed legislation aimed at banning stock trading among lawmakers, after facing harsh criticism from former President Donald Trump. Dubbed the HONEST Act, the ambitious bill seeks to impose strict investment restrictions on members of Congress, the President, and the Vice President to prevent conflicts of interest.

Trump, expressing his disapproval, took to Truth Social on Wednesday to lambaste Hawley, labeling him a “second-tier Senator” and asserting that the bill would predominantly benefit Democrats and detrimentally affect the country. Despite the backlash, the legislation received a narrow nod of approval from the Senate Homeland Security and Governmental Affairs Committee earlier that day, passing with an 8-7 vote. Notably, Hawley was the only Republican who sided with Democrats to advance the bill.

Addressing the media, Hawley reiterated his dedication to seeing the bill become law, even expressing willingness to amend the legislation to make it more palatable for Trump. “Listen, I want the President to sign the bill, so I'm happy to do whatever it would take to get him to say, ‘Yes, this is good,’” Hawley stated, emphasizing his commitment to achieving tangible legislative results.

Hawley also highlighted his admiration for Trump, clarifying that the bill would not affect the former President during his current term. “He's not covered by the PELOSI Act, but Nancy Pelosi is,” he explained, referencing the bill’s initial title, the Preventing Elected Leaders from Owning Securities and Investments (PELOSI) Act. The moniker was a pointed reference to former Speaker Nancy Pelosi, who faced allegations of insider trading, though the bill was renamed during the committee markup.

The Senator’s initiative marks a significant step in his career, positioning him at the forefront of a potentially transformative piece of legislation. However, it also places him at odds with influential figures within his party, including Trump, whose support has been pivotal for many Republicans. As the bill moves closer to a full Senate vote, all eyes will be on Hawley and his colleagues as they navigate the complex interplay of loyalty, policy, and public accountability.