“In July 2025, former President Donald Trump commented on a bill that would ban members of Congress and their spouses from trading or holding individual stocks.
While initially stating that he liked it "conceptually," according to The Hill, he subsequently criticized Senator Josh Hawley, the bill's Republican sponsor, for playing into the hands of Democrats by supporting a measure that could be used to target a President who has had "unprecedented success," Trump said in a lengthy Truth Social post.
The bill in question, also known as the Honest Act, was originally named after former Speaker Nancy Pelosi. It was later amended to include a ban on stock trading for the President and Vice President, although this ban would not apply to the current administration.
Trump's position appears to stem from a concern that the legislation is a Democratic attempt to undermine him and his achievements. He also suggested that a ban on stock trading could discourage businesspeople and the wealthy from running for office. “