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Pelosi Rakes in Millions in Stock Trades

Will Donald Trump win the 2024 election?

Speaker of the House Nancy Pelosi (D-CA) made millions in stock trades raising questions about inside trading.

A Newsmax story, “NY Post: Pelosi Makes Up to $30 Million on Insider Stock Trades,” reported Pelosi made “… as much as $30 million personally from insider stock trades on the very Big Tech companies she oversees in Congress.”

Not only did Pelosi make millions on technology stocks but she is apparently holding up bipartisan legislation that has the potential to break up technology companies such as Apple and Google among others.

It was also noted that Pelosi’s husband has done better in trading stocks than hedge funds.

https://twitter.com/Galactic_Trader/status/1479129437211922440?s=20

During a press briefing, Pelosi said she opposed legislation that would prevent members of Congress from trading individual stocks.

Pelosi said, “We’re a free market economy,” and members of Congress should be able to trade stocks based on that principle.

Pelosi’s view on stock trading is at odds with a recent poll.

The Hill reported on a poll by The Convention of States Action, that “…70 percent of Democrats, 78 percent of Republicans and nearly 80 percent of independents say members of Congress should not be allowed to trade stocks.”

Members of Congress do have an unfair advantage with insider trade information and should be banned from trading in stocks during their terms.

Once again, Pelosi is out of touch with Americans but she doesn’t care because she is above them.

The bottom line is Pelosi is putting her personal interests above her constituents and Americans.

Tom Borelli

Dr. Tom Borelli is a Newsmax TV contributor and radio commentator addressing political issues from a conservative grassroots perspective. As a columnist, he has written for The Washington Times and authored articles for Newsmax Magazine, Newsmax Insider and previously was a co-host with his wife Deneen Borelli on the SiriusXM Patriot channel. Dr. Borelli appeared on numerous television programs, including the highly ranked Fox News Channel’s “The O’Reilly Factor,” “Hannity,” “The Kelly File," and "America’s News Headquarters." He has also appeared on Fox Business Network’s “Making Money with Charles Payne” and “After the Bell” as well as TheBlaze TV’s "The Glenn Beck Program" and "Dana!" Prior to working for public policy organizations, Dr. Borelli was a managing partner with the investment advisory firm of Action Fund Management, LLC and a portfolio manager for the Free Enterprise Action Fund (FEAF) where he used shareholder activism to challenge corporations that sought to profit from the growth of government. During his 25 years with the Altria Group, Inc., he built a foundation in public policy and issues management, drawing from diverse experiences ranging from basic research to corporate affairs. Dr. Borelli served as science fellow for the U.S. House of Representatives' Committee on Science, Space, and Technology during the 100th Congress. Dr. Borelli has also published scientific papers on interferon and human leukemia.

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