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The Wolves of First Street

The once quixotic, bipartisan crusade to ban congressional stock trading is gaining real momentum—but in the least productive Congress in history, getting Washington’s best-informed traders to give up their Robinhood accounts may be a long shot.

Nancy Pelosi, Hakeem Jeffries
Pelosi’s portfolio is likely the most scrutinized in congressional history—there’s even an E.T.F. that tracks her trades—but with her impending retirement, a G.O.P. consultant told me that Republicans will “need to find somebody else to beat up on.” It won’t be her successor, Jeffries—he’s pro-ban, himself. Photo: Tasos Katopodis/Getty Images
Abby Livingston
January 8, 2026

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It’s a rare sight on Capitol Hill to find the far right (Chip Roy, Anna Paulina Luna) standing shoulder to shoulder with the far left (Alexandria Ocasio–Cortez, Pramila Jayapal). But that’s exactly what happened at a news conference last fall, when firebrand Republicans and progressive Democrats alike pushed for a ban on the once routine practice of congressional stock trading.