What is the PELOSI Act and why it's named after Nancy Pelosi?

The PELOSI Act, proposed by Sen. Josh Hawley, seeks to ban members of Congress and their spouses from trading individual stocks to prevent conflicts of interest. Named after former Speaker Nancy Pelosi—frequently criticised over her husband's trades—the bill underscores public concern about lawmakers profiting from non-public information, despite Pelosi denying any misconduct.