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Nancy Pelosi’s husband dumped thousands of Visa shares worth over $500K — just 2 months before the DOJ’s antitrust lawsuit. And it’s reigniting insider-trading concerns.
The 2020 congressional insider trading scandal was a political scandal in the United States involving allegations that several members of the United States Senate violated the STOCK Act by selling stock at the start of the COVID-19 pandemic in the United States and just before a stock market crash on February 20, 2020, using knowledge given to them at a closed Senate meeting.
Insider trading is against the law, unless apparently you are a member of the United States Congress. ... Nancy Pelosi got in on the IPO and it really seemed to work out well for her. Schweizer ...
Pelosi has faced allegations of using her position for insider trading, particularly concerning stock transactions that critics claim were influenced by her legislative knowledge. [379] Critics have also depicted her as a symbol of liberal elitism , pointing to her strong opposition to populism and comments suggesting that some Americans reject ...
One possible roadblock to the effort to curb Congressional trading specifically could be House Speaker Nancy Pelosi, who has spoken out against banning lawmakers from making individual stock trades.
[3] [4] In January 2021, the New York Times reported that Speaker Nancy Pelosi purchased Tesla stock options based on information sourced from congresstrading.com. [5] In October 2021 CNBC, CNN, and the Washington Post reported that Congresswoman Marjorie Taylor Greene bought shares of Trump SPAC Digital World Acquisition Corp. based on ...
"This bill would actively weaken government ethics, not strengthen them," warned the ethics watchdog Project on Government Oversight.
“Nancy Pelosi should be prosecuted for that.” Nancy Pelosi’s husband, Paul Pelosi, unloaded 2,000 shares of Visa stock worth between $500,000 and $1 million on July 1, financial disclosures ...