Trump again calls for investigation into Pelosi over insider trading – Washington Examiner
Former President Donald Trump has once again called for an investigation into House Speaker Emerita Nancy Pelosi and her husband, Paul Pelosi, over alleged insider trading. Trump claims that the Pelosis have achieved unusually high returns on their stock trades, surpassing many top Wall Street investors, suggesting the use of inside data. He expressed these accusations on his social media platform, Truth Social, questioning whether anyone is looking into their financial activities. Nancy Pelosi’s office denies that she owns stocks and refutes any insider trading allegations, and she has indicated support for legislation that would ban stock trading by members of Congress. Paul Pelosi, founder of a venture capital firm, has reportedly made significant profits from stock trading, contributing too the couple’s combined net worth of over $413 million. Meanwhile, a bill aimed at restricting stock trading by members of Congress, known as the HONEST Act, has narrowly passed a Senate committee and could see further congressional consideration. Trump has expressed mixed feelings about the bill but reiterated his support after assurances that he would be exempt.
Trump again calls for investigation into Pelosi over insider trading
President Donald Trump repeated his call for an investigation into Rep. Nancy Pelosi (D-CA) over alleged insider trading, this time looping her husband, Paul Pelosi, into it.
Trump previously targeted the speaker emerita over stock trading just last week, as the Senate was weighing a bill to ban trading among members of Congress. At the time, the president claimed she has “the highest return of anybody, practically, in the history of Wall Street.”
Trump said much of the same in a Truth Social post on Saturday night, while also questioning if “anybody” was investigating the Pelosi family’s stock trading.
“Crooked Nancy Pelosi, and her very ‘interesting’ husband, beat ever Hedge Fund in 2024. In other words, these two very average ‘minds’ beat ALL of the Super Geniuses on Wall Street, thousands of them. It’s all INSIDE iNFORMATION! Is anybody looking into this??? She is a disgusting degenerate, who Impeached me twice, on NO GROUNDS, and LOST! How are you feeling now, Nancy???” he posted.
Despite Trump’s repeated attention to the Pelosis stock fortunes, Nancy Pelosi’s office has insisted she owns no stocks and has denied the accusations of insider trading.
She has also indicated that she would support a stock trading ban if it reached the House floor.
Her husband, however, is the founder of a venture capital firm and frequently inks large returns on trades while also outperforming the S&P 500. Paul Pelosi’s stock trading has led to a combined net worth with his wife, Nancy, of over $413 million, according to recent financial disclosures.
As Trump echoes his calls for inquiries into the Pelosis trading ventures, a bill restricting stock trading in Congress may be coming soon.
The HONEST Act, which was previously dubbed the PELOSI Act by Sen. Josh Hawley (R-MO), narrowly passed out of a Senate committee last week. It is not yet clear if it will receive a full floor vote in the upper chamber.
TRUMP CALLS FOR PELOSI INVESTIGATION OVER INSIDER TRADING: ‘DISGRACEFUL’
Trump has wavered on his support for it, saying he likes it “conceptually” while also expressing concern that Senate Democrats are using the bill to target his assets.
Hawley, who introduced the bill, said he assured the president that he is exempted from it, after which Trump reiterated his support for a stock trading ban.
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