Pelosi needs to be investigated!
Former President Obama’s ethics chief Walter Shaub has sounded the alarm on Speaker of the House Nancy Pelosi about recent comments she made about politicians having the ability to trade stocks.
Speaker Pelosi and her husband have made millions of dollars yearly from their stock market investments which people claim are unfair since they are able to influence the economy and businesses so easily.
Shaub claimed that Pelosi’s comments were absolutely “disgusting” and the “opposite of government ethics.”
According to Fox, Pelosi enraged many Americans including Shaub when she stated that “We are a free market economy,” after she was asked about Congress members and their spouses being banned from trading stocks. “They should be able to participate in that.”
REPORTER: “Should members of congress and their spouses be banned from trading individual stocks while serving in congress?”
PELOSI: “No…We are a free market economy. They should be able to participate in that.” pic.twitter.com/2SNqSCwFEU
— Townhall.com (@townhallcom) December 15, 2021
“What a disgusting comment,” Shaub told Fox in an email. “This is the opposite of government ethics.”
He further noted, “Nobody kidnapped these members of Congress when they were private citizens, dragged them to Washington and forced them to be in Congress. The American people are sick of members of Congress buying and selling stock and creating the appearance of trading on insider information.”
Shaub then said, “They should absolutely be banned from trading stocks. Let them buy diversified mutual funds. Let them buy government bonds. But bar them from trading stocks for crying out loud.”