President Donald Trump is calling for a full investigation into former House Speaker Nancy Pelosi over what he called a “disgraceful” history of insider stock trading.
Trump accused Pelosi of abusing her power in Congress to enrich herself through “unbelievable” trades that consistently beat the market.
“She made a fortune with her husband, and I think that’s disgraceful,” Trump said Wednesday. “Nancy Pelosi became rich by having inside information.”
Trump’s remarks come as a major Senate committee advances a bill that would ban lawmakers and top officials from trading or owning individual stocks.
“I like it conceptually,” Trump said. “But I’d have to really see the details. I study these things very carefully, and this just happened.”
Trump pointed directly to Pelosi’s history of stock trades as the reason such legislation is needed.
“She has the highest return of anybody practically in the history of Wall Street, save a few,” Trump said. “She knows exactly what’s going to happen, buys stock, and then the stock goes up. She ought to be investigated.”
Public outrage over congressional stock trading has grown on both sides of the aisle. But Pelosi has faced some of the harshest criticism, mostly due to the timing and scale of trades made by her husband, Paul Pelosi.
The Senate bill, spearheaded by Senator Josh Hawley, passed through committee with a narrow 8–7 vote.
It would ban trading by members of Congress, the president, and the vice president, as Trending Politics reported.
If enacted, the law would bar officials from purchasing individual stocks and require them to sell existing holdings within 90 days.
Lawmakers would need to fully divest before starting a new term. The divestment rule for presidents and vice presidents would take effect in 2029.
The proposal notably excludes blind trusts and delays enforcement until after Trump leaves office.
The legislation still has to pass the Senate and House but represents one of the strongest bipartisan efforts yet to reform how elected officials handle financial assets.
Ethics advocates call the bill a major step toward restoring public trust. Critics argue it doesn’t go far enough or moves too slowly.
Pelosi has continued to defend her husband’s trades and dismissed stock-trading bans as unnecessary.
Despite increasing pressure, she has not responded to Trump’s demand for an investigation.
The Trump administration is signaling support for the concept but is waiting for more details before taking a formal stance.
The post Trump Calls for Nancy Pelosi to be Investigated Over Stock Trading appeared first on Resist the Mainstream.
Click this link for the original source of this article.
Author: Anthony Gonzalez
This content is courtesy of, and owned and copyrighted by, https://resistthemainstream.org and its author. This content is made available by use of the public RSS feed offered by the host site and is used for educational purposes only. If you are the author or represent the host site and would like this content removed now and in the future, please contact USSANews.com using the email address in the Contact page found in the website menu.
