Pelosi To Resign After This?
Pure corruption!
House Speaker Nancy Pelosi’s husband Paul Pelosi has just made an eye-popping stock purchase of over $1 million in a computer chip company just a few days before an upcoming vote in Congress which will give a massive subsidy to the computer chip industry.
According to Fox, Pelosi made a purchase of around $1-5 million dollars worth of shares of Nvidia which was revealed in a disclosure filing made by Speaker Pelosi’s office. Paul Pelosi exercised 200 call options amounting to 20,000 shares of the stock.
Furthermore, Reuters discovered that the Senate is expected to vote on a bill that will give BILLIONS of dollars worth of subsidies to the Semiconducter industry as early as this Tuesday!
Capitol Hill lobbyist for Public Citizen Craig Holman explained, “It certainly raises the specter that Paul Pelosi could have access to some insider legislative information. This is the reason why there is a stock trading app that exclusively monitors Paul’s trading activity and then its followers do likewise.”
Speaker Pelosi and countless other lawmakers have made millions upon millions of dollars by using insider knowledge to take advantage of the stock market. Truly disgusting and despicable. House Speaker Nancy Pelosi and other lawmakers who are capitalizing off of insider trading need to resign from Congress.