House Speaker Nancy Pelosi’s husband purchased up to $5 million in stock options on a computer-chip company ahead of a vote on legislation next week that would deliver billions of dollars in subsidies to boost the chip-manufacturing industry.
Paul Pelosi purchased on June 17, 20,000 shares of Nvidia, a top semiconductor company, worth between $1 million and $5 million.
Senators are expected to gather as early as Tuesday to vote on a bipartisan competition bill to set aside $52 billion to raise domestic semiconductor manufacturing and give tax credits for production.
“It certainly raises the specter that Paul Pelosi could have access to some insider legislative information,” Craig Holman, a government affairs lobbyist for the left-wing think tank Public Citizen, told the Daily Caller News Foundation. “This is the reason why there is a stock trading app that exclusively monitors Paul’s trading activity and then its followers do likewise.”
Pelosi, an avid stock trader who could face jail time for alleged drunk driving after getting into a car crash in May, also sold 10,000 shares of Visa worth between $1 million and $5 million and 50 call options in Apple worth between $100,000 and $250,000, records show.
how is this not insider information? Martha Stewart went to prison for less
It is, it’s called insider trading. And it applies to Nancy as well as him, because he is related to her. The FEC (feds) are just turning a blind eye. Shane on them and some day, they will pay. It’s up to Congress to make that call. Especially since she said they have every right to do it. No, no they don’t The law is the law for everyone.
This is not right! These people need to be stopped! They don’t even try to hide it anymore these liberal scum think they control it all!
Insider information is illegal. He, and his donkey need to be prosecuted to the fullest extent of the law. Seize their assets, and publicly banish them. Drag them both to the town square and publicly shun them… stripped of all assets, income, and titles, distribute their millions in assets to the poor citizens of this country, then throw their asses in the desert to die.
Hey I live in the desert we don’t want that garage here send them to NYC or Newsomeland in Cali
Still inside trading with no repercussions…while the working man struggles to feed his kids and keep a roof over their heads. It is against the law, but still they blatantly continue. When will they be held accountable? When will someone stand up and say enough. They need to be arrested, stripped of their assets and tossed in jail like anyone else would be. Makes me sick that these people run this country, drive it into the ground…step on the little people while climbing over our dead bodies. Sicken.
Hey I live in the desert we don’t want that garage here send them to NYC or Newsomeland in Cali
What a thief and scum, this piece of shit should be gone with his hag, liar wife.
This shit head should be in prison with his ugly hag whore wife.