Media stories erupted recently about Rep. Nancy Pelosi’s (D-CA) financial dealings.
“Stock market watchdog claims Nancy Pelosi raked in $4.7M in a single day of trading,” reads one headline about the 38-year House member from San Francisco, who was speaker from 2007 to 2011 and 2019 to 2023.
“Nancy Pelosi outperforms major hedge funds with jaw-dropping gains in 2024, leaves Wall Street pros in the dust,” another report exclaimed.
As in the past, a spokesperson told the press that Pelosi “does not own any stocks, and she has no prior knowledge or subsequent involvement in any transactions.” The assets are in an account held by her husband, Paul Pelosi, who is a very experienced investor and financier.
To be sure, the former speaker is not the only public official whose financial dealings have raised eyebrows. Nor are Democrats the only ones who are suspected of wheeling and dealing on Capitol Hill.
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Author: Marty Kaufmann
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