President Donald Trump has once again called out former House Speaker Nancy Pelosi (D-CA) and her husband, Paul, accusing them of insider trading.
Trump blasted the Pelosis after they reportedly “beat every Hedge Fund in 2024.”
In a post on Truth Social, Trump slammed the Pelosis, stating:
“Crooked Nancy Pelosi, and her very ‘interesting’ husband, beat every Hedge Fund in 2024.
“In other words, these two very average ‘minds’ beat ALL of the Super Geniuses on Wall Street, thousands of them.
“It’s all INSIDE INFORMATION!”
Trump then questioned whether anyone was investigating the matter.
The president labeled Nancy Pelosi a “disgusting degenerate” for impeaching him twice, “on NO GROUNDS, and LOST.”
Using insider information to trade stocks is a crime for most Americans.
However, members of Congress get a free pass on insider trading.
In an interview on “The Alex Marlow Show,” Sen. Josh Hawley (R-MO) further criticized the Pelosis’ wealth.
The senator said they made “hundreds of millions of dollars” off of Nancy Pelosi’s insider knowledge.
Hawley also reintroduced the Preventing Elected Leaders from Owning Securities and Investments (PELOSI) Act.
The bill aims to prevent members of Congress and their family members from trading and holding stocks, citing the Pelosis’ suspicious financial gains.
Despite earning a salary of under $200,000, Pelosi and her husband have amassed a staggering net worth of over $400 million.
Many consider this fortune impossible to achieve without access to insider information.
Hawley pointed out that in 2024, Pelosi and her husband managed to beat virtually every hedge fund in the nation.
“So, either Nancy Pelosi is a mathematical and financial analyst genius… or maybe, maybe the information that she’s privy to turns out to be pretty darn valuable,” Hawley remarked.
The PELOSI Act seeks to “amend chapter 131 of title 5, United States Code, to prohibit transactions involving certain financial instruments by Members of Congress.”
Hawley had previously introduced the bill in January 2023, following reports that Paul Pelosi bought “up to $5 million in stock in a semiconductor company.”
Paul Pelosi bought the stock right as the Senate was passing legislation to massively subsidize the semiconductor industry.
President Trump has previously signalled support for passing the PELOSI Act.
The president argues that the bill must be passed to stop Pelosi “ripping off” Americans.
White House Press Secretary Karoline Leavitt stated late last month that Pelosi’s actions are behind the push to ban lawmakers from trading stocks.
Leavitt responded to questions about the growing bipartisan effort to stop members of Congress from engaging in stock trading.
“The reason that this idea to put a ban on stock trading for members of Congress is even a thing is because of Nancy Pelosi,” Leavitt remarked.
Leavitt pointed to the former speaker’s significant wealth despite her modest congressional salary.
“I mean, she is rightfully criticized because she makes $174,000 a year,” Leavitt noted.
“Yet she has a net worth of approximately $413 million.
“In 2024, Nancy Pelosi’s stock portfolio grew 70% in one year.”
Leavitt stressed that President Trump stands with the American people on the issue, saying:
“He doesn’t want to see people like Nancy Pelosi enriching themselves off of public service and ripping off their constituents in the process.”
Trump and Hawley’s remarks have reignited calls for accountability regarding the financial activities of politicians and their families.
The push is gathering momentum, especially as concerns grow over conflicts of interest and the potential abuse of insider information for personal gain.
READ MORE – Pelosi’s Net Worth Swelled by Tens of Millions in 2024
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