{"id":1579771,"date":"2022-07-29T18:34:50","date_gmt":"2022-07-29T22:34:50","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1579771"},"modified":"2022-07-29T18:34:58","modified_gmt":"2022-07-29T22:34:58","slug":"pelosis-husband-wrong-to-sell-chips-shares-gop-might-change-member-trading-rules-mccarthy","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/pelosis-husband-wrong-to-sell-chips-shares-gop-might-change-member-trading-rules-mccarthy\/","title":{"rendered":"Pelosi\u2019s Husband \u2018Wrong\u2019 to Sell Chips Shares, GOP Might Change Member Trading Rules: McCarthy"},"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%2Fpelosis-husband-wrong-to-sell-chips-shares-gop-might-change-member-trading-rules-mccarthy%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=1579771&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>During a weekly briefing on Friday, <a href=\"https:\/\/www.theepochtimes.com\/t-house-minority-leader-kevin-mccarthy\">House Minority Leader Kevin McCarthy<\/a> (R-Calif.) said it was wrong that Paul Pelosi, husband of House Speaker Nancy Pelosi (D-Calif.), was allowed to sell his shares of a computer chip manufacturer just before the House voted on a chips manufacturing bill.<\/p>\n<p>McCarthy suggested\u00a0<a href=\"https:\/\/www.theepochtimes.com\/t-republicans\">Republicans<\/a> would look into options for changing stock <a href=\"https:\/\/www.theepochtimes.com\/t-trading\">trading<\/a> rules for lawmakers and their families<\/p>\n<p>The news broke under required financial disclosure laws that Paul Pelosi had <a href=\"https:\/\/www.theepochtimes.com\/pelosis-husband-sells-nvidia-shares-at-major-loss-ahead-of-house-vote-on-chipmaker-subsidies_4627514.html\">sold $4.1 million dollars worth<\/a> of NVIDIA Corp. shares on July 26.<\/p>\n<p>The sale, which resulted in a financial loss of over $340,000 for the Pelosis, was the end result of scrutiny by critics, who saw a conflict of interest in Paul Pelosi owning the stocks.<\/p>\n<p>This is far from the first time the Pelosis have been in the limelight for trading related to ongoing legislative deliberations.<\/p>\n<p>Though she has in the past <a href=\"https:\/\/www.theepochtimes.com\/pelosi-defends-stock-investment-by-members-of-congress-were-a-free-market-economy_4159619.html\">opposed efforts to ban stock trading by members of Congress,<\/a>\u00a0Nancy Pelosi recently indicated she intends to move forward with a bill to ban some types of trading by lawmakers.<\/p>\n<p>During his weekly briefing, McCarthy suggested doubts about the timing of the bill, in view of the speaker\u2019s past opposition.<\/p>\n<p>\u201cI find it very ironic that the speaker of the House now talks about bringing up a bill at the very end of the term of Congress,\u201d McCarthy said when asked about whether he would support the trading ban bill. \u201cSo her husband could trade all the way through but now it becomes a crisis?\u201d<\/p>\n<p>McCarthy said Paul Pelosi didn\u2019t just trade stock, he traded options.<\/p>\n<p>\u201cI think what her husband did was wrong,\u201d he said.<\/p>\n<p> Denial of Wrongdoing <\/p>\n<p>The Pelosis have long maintained that they don\u2019t discuss Paul Pelosi\u2019s financial trades, but McCarthy suggested he strongly doubts that Paul Pelosi is unaware of<\/p>\n","protected":false},"excerpt":{"rendered":"<p>During a weekly briefing on Friday, House Minority Leader Kevin McCarthy (R-Calif.) said it was wrong that Paul Pelosi, husband of House Speaker Nancy Pelosi (D-Calif.), was allowed to sell his shares of a computer chip manufacturer just before the House voted on a chips manufacturing bill. McCarthy suggested\u00a0Republicans would look into options for changing [\u2026]<\/p>\n","protected":false},"author":57,"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-1579771","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\/1579771","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\/57"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1579771"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1579771\/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=1579771"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1579771"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1579771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}