By AFGE - 2020 AFGE Legislative Conference - Monday, CC BY 2.0, https://commons.wikimedia.org/w/index.php?curid=90476789

House Speak Nancy Pelosi’s husband has now sold off up to five million dollars worth of stock in the chipmaker Nvidia ahead of an upcoming house vote on the domestic semiconductor industry.

As The Hill reports:

House Speaker Nancy Pelosi’s (D-Calif.) husband sold up to $5 million worth of shares of chipmaker Nvidia as the House prepares to vote on a bill focusing on the domestic chip manufacturing industry.

Pelosi completed a period transaction report signed on Tuesday that indicated that her husband, Paul Pelosi, sold 25,000 shares of Nvidia at an average price of $165.05 with a total loss of $341,365.

In total, the shares are worth between $1 million and $5 million.

separate filing signed by the House Speaker earlier this month indicated that Paul Pelosi had exercised call options last month to purchase 20,000 shares of the chipmaker at a strike price of $100.

The Senate passed legislation in a 64-33 vote to provide the domestic chip industry with $280 billion in aide.




Comments

  1. That’s not illegal, it would only be illegal if you or I had that information and used it as profitable gain!

  2. How can this possibly be legal. So many in the past have gone to jail for this. I guess getting the lead fro you wife when she is Speaker of the House is okay. No one in the administration has the guts to prosecute him. He and she are the worst type of parasites.

  3. Martha Stewart went to prison doing the same kind of thing! The Pelosis are not above the law.

  4. Insider information, being a Demorat nothing will be done to Nancy or Paul, had it been a TRUMP, all hell would have broken loose, with demanding JAIL sentences!!!!!!!!

  5. Pelosi’s are the ones that should be investigated!!! They are insider crooks!!! Can not wait
    for this good for nothing is GONE!!! She will gets hers some day. She thinks she is so high
    and mighty. At her age clock is ticking and sooner or later she will face her judgement day
    and what excuses can she offer for her behavior all her ice cream and money won’t buy
    her entrance!!!!

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