President Donald Trump accused former Home Speaker Nancy Pelosi (D-CA) and her husband, Paul, of insider buying and selling after they “beat each Hedge Fund in 2024.”
“Crooked Nancy Pelosi, and her very ‘fascinating’ husband, beat each Hedge Fund in 2024,” Trump wrote in a submit on Fact Social. “In different phrases, these two very common “minds’ beat ALL of the Tremendous Geniuses on Wall Avenue, hundreds of them. It’s all INSIDE INFORMATION!”
Trump continued to query if anybody was trying into the matter, and described Nancy as a “disgusting degenerate” who impeached him twice “on NO GROUNDS, and LOST.”
Throughout an interview on The Alex Marlow Present with Breitbart Editor-in-Chief Alex Marlow in Might, Sen. Josh Hawley (R-MO) defined how the Pelosis had made “a whole bunch of hundreds of thousands of {dollars}” off of Nancy’s insider data. Hawley defined that he had reintroduced the Stopping Elected Leaders from Proudly owning Securities and Investments (PELOSI) Act, which might forestall members of Congress and their members of the family from buying and selling and holding shares:
The invoice’s namesake, former Speaker Nancy Pelosi (D-CA), has “made “a whole bunch of hundreds of thousands” – regardless of a wage by no means increased than simply over $200,000 – since her election to Congress. Hawley stated that can’t be executed following the regulation.
“You don’t do it legally,” Hawley stated of Pelosi’s acquisition of wealth. “And right here’s the factor, Nancy Pelosi and her husband final 12 months, in 2024, beat each hedge fund within the nation, virtually. So, both Nancy Pelosi is a mathematical and monetary analyst genius… or perhaps, perhaps the knowledge that she’s aware of seems to be fairly darn priceless.”
As Breitbart Information beforehand reported, the textual content of the PELOSI Act states that it could “amend chapter 131 of title 5, United States Code, to ban transactions involving sure monetary devices by Members of Congress.”
Hawley additionally beforehand reintroduced the PELOSI Act in January 2023 after Paul purchased “as much as $5 million in inventory in a semiconductor firm proper because the Senate was passing laws to massively subsidize the semiconductor business.”