Nancy Pelosi Bristles, Leaves Stage After Reporter
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House Speaker Nancy Pelosi is in no hurry to talk about her husband Paul Pelosi’s questionable stock trades.
During her weekly press briefing, she was asked about her husband’s stock trading and she was not thrilled about it.
“Has your husband ever made a stock purchase or sale based on info received from you?” the reporter said to a flustered Speaker.
“No! Absolutely not, okay, thank you,” she said as she hurried off the stage.
video: https://twitter.com/i/status/1550143765792563200
Paul Pelosi, the husband of Speaker of the House and California Rep. Nancy Pelosi, is being hammered for purchasing $5 million in stock in a chip manufacturer as Congress is set to vote on legislation that could hand $52 billion to semiconductor producers.
According to a Friday report, Pelosi was back to making a number of notable moves in the stock market in June, including “investing millions in Nvidia Corporation” while selling “large quantities of Visa and Apple stocks and call options,” The Epoch Times noted, citing a disclosure from the Speaker, a California Democrat.
The outlet reported:
According to the filing, Paul Pelosi exercised 200 call options, or 20,000 shares, of Nvidia at a strike price of $100 and expiration of June 17, 2022, worth between $1 million and $5 million.
On that same date, her husband also sold 50 call options in Apple at a strike price of $100, with the transaction listed with a value of between $100,000 and $250,000.
Paul Pelosi is a financier whose estimated wealth is north of $100 million. He also sold 10,000 shares of Visa that were worth between $1 million and $5 million on June 21, the filing by his wife noted.
Earlier in June, Nancy Pelosi disclosed that Paul bought options to purchase shares of Apple Inc. and Microsoft Corp. that were worth nearly $2 million. Paul owns and operates a real estate and consulting firm based in San Francisco.
But it was the shares in NVIDIA, one of the biggest semiconductor manufacturers in the world, that got attention.
“It certainly raises the specter that Paul Pelosi could have access to some insider legislative information,” government affairs lobbyist for the left-wing think tank Public Citizen, Craig Holman, said to the Daily Caller News Foundation. “This is the reason why there is a stock trading app that exclusively monitors Paul’s trading activity and then its followers do likewise.”
https://conservativebrief.com/bristles-64784/