Popular podcaster Joe Rogan has called out Democrat House Speaker Nancy Pelosi over her husband’s suspicious stock trading.
The host took aim at the speaker and her husband Paul Pelosi on his podcast The Joe Rogan Experience.
The Pelosis have enjoyed an amazing winning streak on Wall Street, far outperforming some of the country’s top traders.
Nancy Pelosi and her husband Paul are said to be worth close to $120 million dollars.
They own a vineyard in Napa Valley and Pelosi has been suspected, along with many members of Congress, of profiting from insider information.
In one example of his “lucky” investing, Paul Pelosi recently bought millions of dollars worth of Tesla stock shortly before the Democrats announced huge incentives for electric car manufacturers.
The investment earned the Pelosis millions of dollars in a few days.
“How is that not insider training?” Rogan said.
“If you know someone is going to sign a bill and that bill is going to be a massive boost to the electrical vehicle industry…and before that bill is signed you buy a f-ckload of stock in electrical vehicles…
“And the next day the stock goes up,” he said before adding:
“How is that legal?
“They know laws that are going to be put into place,” Rogan said.
From The New York Post:
The San Francisco Democrat has an estimated net worth of $114.7 million.
Paul Pelosi invested up to $1 million in call options for Tesla stock in December — more than a month before President Biden issued an executive order mandating that all federal vehicles transition to electric.
Viral memes circulating online incorrectly claimed that the speaker bought Tesla shares a day before Biden signed his executive order.
Members of the House are allowed to buy and sell stocks but prohibited from using private information from their jobs to inform their investments, according to the STOCK Act of 2012.