House Speaker Nancy Pelosi (D-Calif.) shifted her public position Wednesday on banning lawmakers and their spouses from owning and trading individual stocks, saying more readily that she would support a ban if members of her caucus wanted to do so.
Some of the biggest names in the corporate world sold a record $69 billion in stock this year as share valuations surged to record highs, new data from Securities and Exchange Commission (SEC) filings show.
The New York Times reported last month that one of the most important initiatives taken by the tech industry against antitrust reform bills was a personal call placed by Apple CEO Tim Cook directly to Pelosi.
Hope is not a method
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