Ron DeSantis has vouched for banning stock trading for Congress members. The Florida Governor recently held a press conference in Clearwater, where he talked about how important it is to ensure transparency and stop politicians from benefiting from insider trading.
The 47-year-old supported Florida’s 13th congressional district representative Anna Paulina Luna, who is planning to introduce a bill that will bar Congress members and their immediate families from buying, selling, or owning stocks.
Congressional stock trading has always been a hot topic of debate, as the people in power already have access to information that the common public does not have. As a result, they can bet on the stocks they know would give better returns and eventually earn millions of dollars.
Governor DeSantis Proposes Congressional Stock Trading Accountability https://t.co/twC0vnF5WH
— Ron DeSantis (@GovRonDeSantis) January 6, 2026
One such Congress member who has often faced the wrath of the public for her trading gains is Nancy Pelosi. The Democrat who served as speaker of the United States House of Representatives from 2019 to 2023 has reportedly earned a whopping 16,930% return on her investments.
According to the New York Post, the politician and her husband, Paul Pelosi, owned stocks worth $610,000 and $785,000 in 1987. The value has now gone up to a staggering $133.7 million. However, Pelosi is not the only Congress member who has earned millions from stock trading.
202 Representatives and 56 Senators from the current Congress are actively involved in the market. These include politicians from both Republican and Democratic parties, who have traded stocks worth $635.57 million in 2025 alone.
Highlighting why it is important for officials to be held accountable for trading, DeSantis said, “If you look at Nancy Pelosi’s portfolio, you know she has absolutely shattered, you know, a lot of these investment records. But it’s not just that there’s a whole bunch and it’s on both sides of the aisle.”
The Florida Governor, who is currently serving his second and final term ahead of the 2026 elections, also came up with measures to make Congressional trading more transparent.
He said that while he can not outright ban politicians from trading in his state, candidates running for federal positions in Florida will have to declare beforehand whether they plan to own stocks while being in office.
Congress should pass @RepLuna’s legislation to stop congressional insider trading. All members of the Florida delegation should support it.
In the meantime, I am happy to support state-level reforms that will bring transparency to what has become a national farce.
We are sick… pic.twitter.com/ST7WHaDLTD
— Ron DeSantis (@GovRonDeSantis) January 6, 2026
DeSantis announced, “When they qualify for federal office, there’s going to be a checkbox. Do you intend to trade individual stocks while you’re in Congress, yes or no? When they run for re-election, they have to answer a second question: Did you, in fact, trade any stocks individually while you were in Congress? If they say yes, that means they broke their word to you.”
Republican Party member then echoed similar sentiments in a post on X. He asked Florida delegates to support Luna when she brings the insider trading ban bill to Congress.
DeSantis added that he has noticed politicians with no prior experience in stocks turning into ‘Warren Buffett on steroids’ after elections, which is an injustice to the ordinary people.
