“Crooked Nancy Pelosi, and her very ‘interesting’ husband, beat every Hedge Fund in 2024."
President Donald Trump has once again called for an investigation into longtime Representative Nancy Pelosi and now her husband, Paul Pelosi, over allegations of insider trading.
In a Truth Social post on Saturday, Trump wrote, “Crooked Nancy Pelosi, and her very ‘interesting’ husband, beat every 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???”
Trump recently called for Pelosi to be investigated when asked about the Preventing Elected Leaders from Owning Securities and Investments (PELOSI) Act, a bill backed by Senator Josh Hawley that would ban members of Congress from trading or holding individual stocks. Hawley has promoted the bill by arguing that lawmakers are earning a “fortune” by using information not available to the public.
“She has the highest return of anybody, practically, in the history of Wall Street, save a few,” Trump said. “How did that happen? It happened because she knows exactly what’s going to happen.”
While Trump has not formally endorsed the proposed legislation, he has expressed support for the concept.
Pelosi has been a frequent target of critics accusing lawmakers of using privileged information for personal financial gain. She is among the wealthiest members of Congress, with Quiver Quantitative estimating her net worth at more than $260 million. However, exact figures remain unclear since lawmakers are not required to publicly disclose their total assets.
According to Axios, the final version of a potential stock trading ban could also cover the president and vice president, a provision that has faced pushback from the White House’s Office of Legislative Affairs.
A spokesperson for Pelosi’s office told the New York Post last month, “Pelosi does not own any stocks and has no knowledge or subsequent involvement in any transactions.” In 2024, Paul Pelosi’s trades reportedly outperformed the S&P 500’s 25 percent gain, yielding a 54 percent return, according to the Post.
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