{"id":1576725,"date":"2022-07-28T13:25:25","date_gmt":"2022-07-28T17:25:25","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1576725"},"modified":"2022-07-28T13:25:44","modified_gmt":"2022-07-28T17:25:44","slug":"the-pelosis-appear-to-have-taken-advantage-of-inside-information-says-former-fed-chair","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/the-pelosis-appear-to-have-taken-advantage-of-inside-information-says-former-fed-chair\/","title":{"rendered":"The Pelosis \u2018Appear To Have Taken Advantage Of Inside Information,\u2019 Says Former Fed Chair"},"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\">28<\/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%2Fthe-pelosis-appear-to-have-taken-advantage-of-inside-information-says-former-fed-chair%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=1576725&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--><div><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/07\/Screen-Shot-2022-07-28-at-12.34.08-PM-e1659026097740.png\" class=\"ff-og-image-inserted\" alt=\"image\" \/><\/div>\n<p>Nancy Pelosi and her husband Paul \u201cappear to have taken advantage of inside information\u201d in connection with stock trades, a former Federal Reserve Bank president said Thursday.<\/p>\n<p>\u201cClearly people have taken advantage of inside information forever,\u201d said Richard Fischer, who <a href=\"https:\/\/www.federalreservehistory.org\/people\/richard-w-fisher\">chaired<\/a> the Federal Reserve of Dallas between 2005 and 2015, on CNBC\u2019s \u201cSquawk Box.\u201d \u201cI\u2019m sorry to see that Paul Pelosi and Nancy Pelosi and others appear to have taken advantage of inside information. Something needs to be done.\u201d <a href=\"https:\/\/dailycaller.com\/2022\/07\/27\/nancy-pelosi-husband-paul-nvidia-stock-net-loss\/\"><strong>(RELATED: Nancy Pelosi\u2019s Husband Unloads Massive Stake In Chips Stock For Huge Loss After Buying Shares Before Subsidy Vote)<\/strong><\/a><\/p>\n<p>Fischer\u2019s comments come after a Daily Caller News Foundation report Wednesday detailing how Paul sold up to $5 million worth of computer chips stock prior to the Senate approving a <a href=\"https:\/\/dailycaller.com\/2022\/07\/27\/senate-passes-semiconductor-package-chips-plus-schumer-young\/\">bill<\/a> that would hand billions to chip manufacturers. Paul, who according to a financial <a href=\"https:\/\/disclosures-clerk.house.gov\/public_disc\/ptr-pdfs\/2022\/20021438.pdf\">disclosure<\/a> lost roughly $341,000 after the sale, bought up to $5 million worth in stock of Nvidia, one of the world\u2019s largest semiconductor companies, on June 17, <a href=\"https:\/\/dailycaller.com\/2022\/07\/15\/pelosis-husband-massive-amount-in-chips-stock-before-expected-senate-vote-subsidies\/\">the DCNF<\/a> reported.<\/p>\n<p>Nvidia designs and manufactures graphics processors and other technology. The multinational corporation is heavily reliant on semiconductors.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">\u201cClearly people have taken advantage of inside information forever,\u201d says Richard Fischer. \u201cI\u2019m sorry to see that Paul Pelosi and Nancy Pelosi and others appear to have taken advantage of inside information.\u201d <a href=\"https:\/\/t.co\/v9PmHvCoM3\">pic.twitter.com\/v9PmHvCoM3<\/a><\/p>\n<p>\u2014 Squawk Box (@SquawkCNBC) <a href=\"https:\/\/twitter.com\/SquawkCNBC\/status\/1552632581509844992?ref_src=twsrc%5Etfw\">July 28, 2022<\/a> <\/p>\n<\/blockquote>\n<p>\u201cAs always, he does not discuss these matters with the Speaker until trades have been made and required disclosures must be prepared and filed,\u201d Drew Hammill, deputy chief of staff for the House speaker, told the DCNF Wednesday. \u201cMr. Pelosi decided to sell the shares at a loss rather than allow the misinformation in the press regarding this trade to continue.\u201d<\/p>\n<p>House Democrats intend to put forth a ban on members of Congress trading stocks in August, Reuters <a href=\"https:\/\/www.reuters.com\/markets\/europe\/us-house-democrats-propose-ban-stock-trading-august-punchbowl-news-2022-07-28\/\">reported<\/a> Thursday. The ban would reportedly include spouses of members and senior staff.<\/p>\n<p>The House speaker\u2019s office did not immediately respond to a request for comment.<\/p>\n<p>Content created by The Daily Caller News Foundation is available without charge to any eligible news publisher that can provide a large audience. For licensing opportunities of our original content, please contact <a href=\"mailto:licensing@dailycallernewsfoundation.org\">licensing@dailycallernewsfoundation.org<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nancy Pelosi and her husband Paul \u201cappear to have taken advantage of inside information\u201d in connection with stock trades, a former Federal Reserve Bank president said Thursday.\u201cClearly people have taken<\/p>\n","protected":false},"author":381,"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-1576725","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\/1576725","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\/381"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1576725"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1576725\/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=1576725"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1576725"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1576725"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}