Neon Nettle
© 2022 Neon Nettle

Subscribe to our mailing list

Advertise Contact About Us Our Writers T&C's Privacy Support Us © 2022 Neon Nettle All Rights Reserved.

Pelosi Makes Huge Stock Moves despite ‘Insider Trading’ Allegations

Democrat speaker purchased millions of dollars worth of call options in December

 on 3rd January 2022 @ 10.00pm
nancy pelosi has continued to make huge stock buys despite criticisms © press
Nancy Pelosi has continued to make huge stock buys despite criticisms

Democrat House Speaker Nancy Pelosi (D-CA) continued to buy up millions of dollars worth of personal stock buys in December, despite allegations of "insider trading."

Last month, Pelosi raised eyebrows by nervously arguing that members of Congress should not be criticized for owning personal stocks.

However, Pelosi bought millions of dollars worth of call options for stocks in various companies just days after defending the trades that many argue constitute insider trading.

Pelosi's latest personal stock buys were revealed in disclosures signed Wednesday.

From December 17 to Dec. 22, Pelosi purchased between $1.75 and $3.6 million worth of call options for companies including Google, Salesforce, Roblox, and Disney.

Her largest purchases were between $600,000 and $1.25 million for Salesforce and between $500,000 and $1 million for Google.

nancy pelosi s estimated net worth is  114 7 million dollars   her salary as speaker is  223 500 © press
Nancy Pelosi's estimated net worth is $114.7 million dollars - her salary as speaker is $223,500

According to the New York Post, Pelosi said on December 15 that members of Congress should be able to hold individual stocks in the U.S.

“We’re a free-market economy,” Pelosi said.

“[Members of Congress] should be able to participate in that.”

She added that lawmakers need to disclose stock market purchases and actions when they take them.

“If people aren’t reporting [stock trades], they should be,” she said, according to the Post.

u s  senate candidate lucas kunce says pelosi and her colleagues are  legislating for their own stock portfolios © press
U.S. Senate candidate Lucas Kunce says Pelosi and her colleagues are 'legislating for their own stock portfolios'

U.S. Senate candidate Lucas Kunce said he disagreed with Pelosi’s position.

“What I heard was, ‘Let them eat cake, 2021,'” he told MSNBC.

“That’s the person who’s supposed to be taking care of normal, everyday Americans … and instead, they’re legislating for their own stock portfolios.”

WATCH:

Other Twitter users agreed that members of Congress should not be able to hold individual stocks because they are likely to have insider information.

It appears this criticism has not fazed Pelosi as she continues to make massive stock market purchases.

[RELATED] Nancy Pelosi Earned Fortune on IPO Stock Through 'Illegal' Insider Trading

Share this post:
Steve Quayle Neon Nettle telegram

Facebook is heavily censoring information from independent sources.

To bypass internet censorship, connect with us directly by enabling our notifications (using the red subscription bell in the bottom right corner) or by subscribing to our free daily newsletter.

Get the latest news delivered straight to your inbox for free every day by signing up below.

SUBSCRIBE NOW

Subscribe to our mailing list

Follow Neon Nettle


PREV
BOOKMARK US
NEXT