{"id":1172959,"date":"2021-12-30T15:04:36","date_gmt":"2021-12-30T20:04:36","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1172959"},"modified":"2021-12-30T15:04:40","modified_gmt":"2021-12-30T20:04:40","slug":"pelosi-husband-buy-millions-in-call-options-days-after-she-defended-congress-being-allowed-to-buy-stock-report","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/pelosi-husband-buy-millions-in-call-options-days-after-she-defended-congress-being-allowed-to-buy-stock-report\/","title":{"rendered":"Pelosi, Husband Buy Millions In Call Options Days After She Defended Congress Being Allowed To Buy Stock: Report"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">36<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fpelosi-husband-buy-millions-in-call-options-days-after-she-defended-congress-being-allowed-to-buy-stock-report%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1172959&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>House Speaker Nancy Pelosi (D-CA) and husband Paul Pelosi bought millions of dollars worth of call options for stocks just days after she defended members of Congress being able to buy stocks.<\/p>\n<p>The news comes after Pelosi had the following <a href=\"https:\/\/www.dailywire.com\/news\/pelosi-on-why-congress-should-be-allowed-to-trade-stock-after-dozens-broke-law-we-should-be-able-to\">exchange<\/a> with a reporter earlier this month:<\/p>\n<p><em>REPORTER:&nbsp; Madam Speaker, Insider just completed a five\u2011month investigation finding that 49 Members of Congress and 182 senior Congressional staffers have violated the STOCK Act, the insider trading law.&nbsp; I\u2019m wondering if you have any reaction to that.&nbsp; And secondly, should Members of Congress and their spouses be banned from trading individual stocks while serving in Congress?<\/em><\/p>\n<p><em>NANCY PELOSI, HOUSE SPEAKER: No, I don\u2019t \u2013 no, to the second one.&nbsp; Any \u2013 we have a responsibility to report in the stock \u2013 on the stock.&nbsp; But I don\u2019t \u2013 I\u2019m not familiar with that five month review, but if the people aren\u2019t reporting, they should be.<\/em><\/p>\n<p><em>REPORTER:&nbsp; Why shouldn\u2019t they be banned?<\/em><\/p>\n<p><em>PELOSI: Because this is a free market and people \u2013 we are a free market economy.&nbsp; They should be able to participate in that.<\/em><\/p>\n<p>Just a couple of days after making the remarks, starting on December 17th and going through the 21st, Pelosi and her husband bought millions of dollars worth of call options for stocks including Google, Salesforce, Roblox and Disney.<\/p>\n<p>The New York Post <a href=\"https:\/\/nypost.com\/2021\/12\/30\/nancy-pelosi-buys-call-options-for-google-disney-stocks\/\">reported<\/a>:<\/p>\n<p><em>The Pelosi family\u2019s trades this month include Google and Salesforce call options worth between $500,000 and $1 million each, as well as Roblox call options valued at between $100,000 and $250,000. The duo also bought up between $250,000 and $500,000 in calls for chipmaker Micron Technology and between $100,000 and $250,000 of Disney call options.<\/em><\/p>\n<p><em>Paul Pelosi runs Financial Leasing Services, a real estate and venture capital investment and consulting firm. In recent years he\u2019s made big-money bets on companies his wife is supposed to regulate, including Amazon, Apple and Google. December\u2019s calls \u2014 which are set to expire in late 2022 and early 2023 \u2014 show that the Pelosis believe tech stocks are going to continue their current bull run in the new year, according to Thomas Hayes of Great Hill Capital.<\/em><\/p>\n<p>Pelosi has faced a fair amount of backlash for defending members of Congress being allowed to buy stock, including from the political left.<\/p>\n<p>\u201cHouse Speaker Nancy Pelosi once again trying her \u2018luck\u2019 in the stock market, this time with millions in call options in Google, Roblox and Disney,\u201d Journalist Glenn Greenwald wrote on Twitter. \u201cI predict Pelosi\u2019s success. Hard to bet against one of the richest politicians in the world, especially given her stock success.\u201d<\/p>\n<p>\u201cNo, Speaker Pelosi, members of Congress should not be allowed to trade stocks while in office,\u201d Citizens for Responsibility &amp; Ethics in Washington (CREW) said. \u201cTrading stocks while writing regulations that could influence stock value and receiving non-public information is not what you were all elected to do.\u201d<\/p>\n<p>\u201cThere is no reason members of Congress should hold and trade individual stock when we write major policy and have access to sensitive information,\u201d Rep. Alexandria Ocasio-Cortez (D-NY) wrote on Twitter. \u201cThere are many ways members can invest w\/o creating actual or appeared conflict of interest, like thrift savings plans or index funds.\u201d<\/p>\n<p><em><strong>This is a developing news story; refresh the page for updates.&nbsp;<\/strong><\/em><\/p>\n<p>The Daily Wire is one of America\u2019s fastest-growing conservative media companies and counter-cultural outlets for news, opinion, and entertainment. Get inside access to The Daily Wire by becoming a <a href=\"https:\/\/www.dailywire.com\/subscribe\">member<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>House Speaker Nancy Pelosi (D-CA) and husband Paul Pelosi bought millions of dollars worth of call options for stocks just days after she defended members of Congress being able to buy stocks. The news comes after Pelosi had the following exchange with a reporter earlier this month: REPORTER:\u00a0 Madam Speaker, Insider just completed a five\u2011month &#8230;<\/p>\n","protected":false},"author":102,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1172959","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1172959","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/102"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1172959"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1172959\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1172959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1172959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1172959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}